Riskitpaid

$SHOP 30m and D linked

Short
NYSE:SHOP   Shopify Inc.
**$SHOP** This one looks a little tricky but my heart and mind are calling it against the algo flow... Algos have $SHOP going long. I think the bull flag failed after the gap down and created bear flag with a green bar where everyone is getting caught up in. You can have a green bear flag. Then there is a head and shoulders inside the flag. I think we will rise just not yet. I have $SHOP breaking down to 690s tomorrow then I have it going further downside into the right shoulder of an inverse head and shoulders. IMO we break to 690s tomorrow then we dip into the inverse head and shoulders bounce to retest the neckline then drop into the right inverse shoulder at 581-561. Then we start to rise out of that and head for the 800-900s.


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