Will_Wong

SHOP: Massive Bull Flag. Problem is the wave 2 retracement

Long
NYSE:SHOP   Shopify Inc.
is only 38.2% which is way below the typical 0.5~0.618. So I have included the irregular 2 flat which is also very unusual for a wave 2. My primary count is an impulsive breakout. I expect wave ii to retrace to the trend support, of which there are two. Wave iii should be exciting.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.