I'm long the 20jan 45 calls of shopify, and already in profit.
this stock seems to be a clean and clear breakout and possible profit target is 57 area.
if you'd be long on the 01.06.17 (m/d/y) you should have put your stop loss around 44 area, and if you 'd still be holding your position it would be ok to move your stop to 45-46 area now.
Here's my wave count. This stock is breaking out of it's IPO / all time high price levels.
My good friend Matt D looking to sell the $40 or $45 put. I dig it. He says " SHOP revs almost double every year
growth machine"
