看多

Breakout Trade in SHOP

330
Shopify is emerging from a beautiful Stage 2 base.

SHOP is up more than 100% since the start of a year – a clear sign this is a market leader.

Notice how volume is higher on the rallies up and lower when the stock pulls back. This is a subtle clue that buyers are in control and the smart money is building a position.

The breakout on Thursday came on 2X its average daily volume and the stock closed at the high of the candle – both good signs of a legitimate move.

I want to see SHOP stay above the breakout level or, at a minimum, above its 21-day moving average (blue line on chart).

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。