stockpivot

SHOP Good to Buy at $ 54 but Best buy at $ 49 Gap to Fill

Long
stockpivot Updated   
BATS:SHOP   Shopify Inc.
Our Pivot Stand at $ 62.80

Short term downtrend continue to $ 49 to fill the gap

Upside target is $ 70.20

Support is at $ 51.60 and Gap to fill since May 2023 at $ 49

Buy share at $ 54 and sell covered Call ATM for 20 OCT

if stock drops to $ 49 then buy Bull debit spread for March 2024 for buy $ 60 and Sell $ 70
Comment:
SHOP Has filled the gap - Not is the time to Buy the $ 60 and $ 70 spread - Load it

Ready to shape your financial future?

#Stock #Option 1 On 1 Advance Training $499

or

Join the Best Discord group $100 CAD Per Month

if our success rate drops to 99.99% we will refund you double!

www.patreon.com/user?u=52098513
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.