tradingtroels

SHOP support/resistance lines 3m

Long
NYSE:SHOP   Shopify Inc.
Citron Research sent SHOP tumbling, but it's finding support around 100. It's clear that SHOP was overbought already before, further contributing to the downward correction. Depending on how much substance there is to Citron's allegations, we may see a return to the funnel within a week or two. Great buying opportunity now.
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