SHOP “Shopify”……”Potential Reversal”

SHOP “Shopify” is retesting a trend line that goes back to October 2022……tested the same trendline in October 2023…..we’re currently bouncing from this trend line as of last week and headed towards a recent gap to the downside from Q1 earnings. After a nice bullish candle last week, I believe we’ll see more bullish momentum soon once buyers step in…..let’s see how this one plays out