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TazmanianTrader
Mar 25, 2024 5:48 AM

$SHOP 10D wants $68 if we stay under $80 Short

Shopify Inc.NYSE

Description

Of course, all ideas are my opinion alone. SHOP went a bit crazy last week but still rejected the same gap from the Winter 22' pullback. Looking at this head and shoulders on the daily, PA seemingly looking for a touch of the gap below around $64. May have to wait for the first week of April for the move to be underway. Keep on Watch, with a Bullish Market, $82+ possible before the end of the week for a Bull Trap setup as stock is breaking trendlines of the possible larger timeframe bear flag its been in since Spring 22' .... Stay Patient.. after high 60s I'll be looking for a rally to fill gap above at $89.12

Trade closed: target reached

Headed Lower eventually. Target Reached, as explained. Sorry I haven't posted any new ideas. I will soon.
Comments
duduky23
What is your lower range? Just curious. Thanks
duduky23
Hey @TazmanianTrader what is your low range for SHOP?
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