heidib

SHOP uptrend line holds, retests 87.4 - will it close above?

Alış
NYSE:SHOP   Shopify Inc.
Ok looking good. Bounced off the 84.5 trend line, tested/rejected the 87.4 new support but holding > 86 well. Uptrend intact:) Is it fake? We'll know if it closes above or below the uptrend line intersection at ~85. If above, uptrend still intact. If below, could still head lower to complete the head and shoulders. Personally, I think it will hold & either retest and/or break through the 87 level Monday. Though Monday will still be a holiday weekend so i expect volatility due to low volume and likely bear attack before Wednesday - ideal breakout setup would be a doji at the trendline at Monday's close:) Beginner charting - take my expectations with a grain of salt!
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.