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Shopify Inc.
Long

$SHOP - 5-count Pennant Breakout Opportunity

By willoptions
Updated
SHOP is showing incredible confluence in Fibonacci in addition to a 5-count completion on it's most recent bullish pennant.
This is pre-breakout but is looking likely to happen this week - targeting previous highs and creation of new ones!

  • First entry: $1217
  • Confirmation: $1238

  • TG1: 1245.91
  • TG2: 1260.69
  • TG3: 1286.14
  • TG4: 1322.59
  • TG5: 1347.15

  • Invalidation under: 1153


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Trade closed: stop reached
Only hit 1 target before mkt stop cooperating. Invalidated
amazonecommerceFibonaccijumiaPennantTECHTrend Analysis
willoptions

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