MalcolmInTheMoney

11/15-11/19 watchlist #3

Long
NYSE:SHOP   Shopify Inc.
$SHOP $1650, $1620 BOUNCE

Price targets: $1675, $1700

Technical Analysis: All-time high breakout & momentum bounce

News Catalyst: "In a week of whipsaw or negative action in many highflying stocks, Shopify stock made a powerful move Friday, clearing a trend line break in huge volume, offering an early entry in the morning and ultimately clearing the 1,650 Buy point" - Investor's Business Daily

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