I am bullish on SHOP for 4 reasons:
1) We held the 1W MA and it has acted as support since Feb 28. It is curling up, meaning that the trend is now bullish.
2) We have formed a bullish pendant on the daily and weekly time frame.
3) We have recently touched the green Bollinger band on the RSI.
4) The 0.236 fib level at 59.91 recently acted as support.
I am long until the earnings call on August 2 with a price target of $82, which corresponds to the 0.382 fib level and the previous support/resistance level back in Feb 2022. Stop loss is below $55.
1) We held the 1W MA and it has acted as support since Feb 28. It is curling up, meaning that the trend is now bullish.
2) We have formed a bullish pendant on the daily and weekly time frame.
3) We have recently touched the green Bollinger band on the RSI.
4) The 0.236 fib level at 59.91 recently acted as support.
I am long until the earnings call on August 2 with a price target of $82, which corresponds to the 0.382 fib level and the previous support/resistance level back in Feb 2022. Stop loss is below $55.
ノート
We have broken above the pendant resistance line, $82 is the price target and is now in play.ノート
No longer bullish. We broke down under the pendant and have stayed below.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。