$SHOP more than just a COVID phenomenaGreat run from low of $1025 on May 13th. Don’t think this run is over, but $SHOP appears to be finding resistance at $1245 level.
Expecting more upside, but might be range bound between P and R1 pivots, near-term.
P= 1180, R1= 1290, approximately.
Pivots shown on this graph are Traditional, Weekly pivots. Dashed line = 100 day linear regression.
Also note correlation between 2021 movements (from peak and trough) with Williams %R below main chart.