Great company! strong resistance price around 40.60.
BUY $SHOP on the dip before it charges ahead again
SHOP is about to complete this retest gap in the top of a long term triangel pattern, if we see a strong break out and retest then buy the retest
SHOP is a relatively new public company, but it has traded in a rather wide range since its IPO last year. Like a lot of the market, it may be a little extended in the near term after rallying almost 70% from its February low, but near $70 looks like a good place.
Looking to resolve itself. Unusual buying today on this break over 26. Need over 26.50 for confirmation of breakout then PT 30