SHOP made a beautiful good ol’ Cup & Handle pattern and breaking out of it .
I’ve a sizable position already from the lows.
It’s already 2x from the bottom and has potential for 2x more from here.
If market conditions favors the growth names , we can see 2x soon.
70 level acting as support here.
45 would been optimal entry but if you are going long here , have a tight stop around 70.
Target #1 - 98
Target #2 - 120
Target #3 - 150; Won’t be an easy target, can shakeout here.
I’ve a sizable position already from the lows.
It’s already 2x from the bottom and has potential for 2x more from here.
If market conditions favors the growth names , we can see 2x soon.
70 level acting as support here.
45 would been optimal entry but if you are going long here , have a tight stop around 70.
Target #1 - 98
Target #2 - 120
Target #3 - 150; Won’t be an easy target, can shakeout here.
Trade active:
Expecting some basing action here and move up after earnings to Target 1 - 98-100
Trade active:
Earnings tomorrow after hours. Expecting a pullback again tmrw and rally at EOD. let's see !
Options flow shows some bullish 80C, let's see.