SHOP potential PITCHFORK on hourly chart !!

Shopify Inc.NYSE

Description

⋅ Apr 29, 2020 11:55 PM

Hello! Friends,
NYSE:SHOP is following PITCHFORK levels well. You can even trade only with its support and resistance .

Comments

pritidas06

⋅ Apr 30, 2020 4:53 PM

I am new to chart which level is support and which level is resistance here

Keep_It_SimpIe

⋅ Apr 30, 2020 7:41 PM

Hi @pritidas06,
I meant these levels !!

livingproof229

⋅ Apr 30, 2020 12:19 AM

So will it continue to go up???

Keep_It_SimpIe

⋅ Apr 30, 2020 1:19 AM

Hi @livingproof229,
We are in a bullish trend now, so probably yes.

pritidas06

⋅ Apr 30, 2020 8:29 PM

Hi long term this chart looks bullish but near term it looks like it can go down to 500 level. Let me know your opinion

Keep_It_SimpIe

⋅ Apr 30, 2020 9:33 PM

Hello @pritidas06,
Near term we are in consolidation phase. The price can go down to 500 level, unless he breaks the Pitchfork.