Shopify Inc.
Long

SHOP - Party Time?

Cup and Handle in Motion for SHOP

snapshot
Watch out for the neckline at $71.43.

If a breakout is, then a CnH target is at around $119.

in the smaller picture, we can see a recent breakout from a minor downtrend channel with a target of $84.31 (closing the daily gap that occurred in February 2022).
snapshot

The best entry position is at $62.41 to close the small gap after earning jump.
snapshot

Let's go SHOPping!

Disclaimer