WadeYendall

SHOP on watch

WadeYendall Updated   
NYSE:SHOP   Shopify Inc.
I like SHOP long if it can take out Fridays high. Price has pull back to re-test the long term range. It also flushed down to the 618 and bounced strongly. Targets on a break of Friday's high would be be the fib retracements. Will require support from the NAS.
Comment:
Made a short attempt at taking out Friday's high but couldn't do it. Still on watch. Perhaps a retest of the 618 will provide a launching pad.

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