$SHOP Rectangle pattern trading range
NYSE:SHOP The price has formed a Rectangle pattern and has been in a trading range since May 2022. A close above $41.85 will confirm the pattern's breakout, with a target price of $51. 40 .
A close below $28.90 will confirm the pattern's breakout, with a price target of $21.75. Note that not every price target is met.
SHOP remains in a downtrend. A close above $79.00 will confirm a trend reversal, and the price will likely keep moving to the upside.
A close below $28.90 will confirm the pattern's breakout, with a price target of $21.75. Note that not every price target is met.
SHOP remains in a downtrend. A close above $79.00 will confirm a trend reversal, and the price will likely keep moving to the upside.
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