Shopify Inc.
Long

$SHOP in a decent uptrend

51
I somehow missed this chart before due to its short history. My data goes back only to 2015 and there is no weekly 200SMA as yet. However, it looks strong.

From simple price action perspective, we've been in a decent uptrend since price broke above $50. Currently approaching major resistance at $100. I would stand aside until we see price above this level. I am setting an alarm and will come back to this chart if we get there.

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.