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.
Here we see a major run coming to and end and a lot of "zones" breaking down. We could see this break down further as tapering inflation and european conflict continues to rise. 436 is the next step, then potentially back to 415s. I generally tend to lean bullish by nature, but 379 has been hovering in my mind as a "precovid" level to watch.
