unknownreference

SHOP: Time to scale out

NYSE:SHOP   Shopify Inc.
I posted about the bullish thesis in SHOP earlier (www.tradingview.com/...tial-bullish-thesis/), and we had an excellent entry near 310 levels where the Fib 61.8 retracement held. We are now approaching near term upper resistance and it might be time to scale out if you have options positions on. 340-346 would be the profit taking range IMO unless you decide to roll out or convert your positions into spreads.

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.