AKM777

SHOP, bad idea to chase here

Short
AKM777 Updated   
NYSE:SHOP   Shopify Inc.
Whole market is a short, with current conditions and an overdue recession. Train has been missed, wait for pullback to buy back in. SHOPs currently trading 790x PE which is unsustainable.
Comment:
Correction: SHOP is trading 814x PE
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.