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SHOP Weekly Breakout
SHOP broke out of a bull flag pattern on the weekly chart in the week of November 18th. The following week continued the breakout & it is continuing to show strength early this week despite the overall market weakness. I am also noting the lack of volume above the current stock price according to the VPVR data.
I am targeting the $424.70 & $458.70 price levels.
I am targeting the $424.70 & $458.70 price levels.
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