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SHOP - Rising Trend Channel [MIDTERM]

- SHOP is in a rising trend channel in the medium long term.
- An inverse head and shoulders formation is under development.
- A decisive break of the resistance at 57.16, ideally with an increase in volume, signals a further rise.
- SHOP has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 44.
- SHOP is between support at 42 and resistance at 53.
- The RSI curve shows a rising trend, which supports the positive trend.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
- An inverse head and shoulders formation is under development.
- A decisive break of the resistance at 57.16, ideally with an increase in volume, signals a further rise.
- SHOP has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 44.
- SHOP is between support at 42 and resistance at 53.
- The RSI curve shows a rising trend, which supports the positive trend.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
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For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
The most profitable U.S. Stock VIP Signals Provider in Telegram Channel | Check our latest product updates: bit.ly/wavepoint-vip |
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.