Shopify Inc.

SHOP bearish engulfing on the daily with market weakness

181
SHOP bearish engulfing today, looking down at the highlighted supports.
Given the market weakness and the loss of RSI support, I would be looking to play a higher low compared to 132.63 for bull entries, especially anything other than a day trade. A patient bull will wait for hourly trend to change so there is a new support established.

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