WadeYendall

SHOP Retest completed

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WadeYendall 已更新   
NYSE:SHOP   Shopify Inc.
SHOP broke the ATH and then sold off coming into earnings. It is down following earning but has just retested the breakout point. I like it long above the green box here with 1500 as a key level. Above 1500 = bullish. Below = bearish. Targets would be a retest of the 1.27ext and then the 1.618ext. Best to wait until after the Fed meeting for entry.
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Still working the 1500 level. Preferred entry would be after a flush down then a recovery.

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