jt3trades

SHOP - consolidating here before moving to $750?

Long
NYSE:SHOP   Shopify Inc.
Interesting to see this one catching my eye earlier in the week and seeing a bullish continuation. Something is happening with Shopify and the charts are pointing to positive uptrend. This is trading at $600 from highs of 1600. Do we expect to hit 1600 again? not anytime soon, but this is consolidating here at 600. and potentially lining up for a run back above 700.

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.