SHOP
Weekly chart of SHOP. How much longer can it go straight up?
Regarding SHOP. It has quite the run for a Canadian company.
It looks like a Hyperwave to me.
If it is a Hyperwave then we can expect a retrace to the orange Phase 3 line.
The green box is a level of interest using Fibonacci Extensions and Fib Retracement tools.
Weekly chart of SHOP. How much longer can it go straight up?
Regarding SHOP. It has quite the run for a Canadian company.
It looks like a Hyperwave to me.
If it is a Hyperwave then we can expect a retrace to the orange Phase 3 line.
The green box is a level of interest using Fibonacci Extensions and Fib Retracement tools.
Trade active:
Target area range acting as resistance.