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Shopify Inc.
Long

SHOP REVERSAL , SWING TRADING, STOCKS, LONG TERM,

By Monstelo
SHOP IS FACING BACKLASH BASED ON THEM GETTING A COMPANY THAT WILL HELP IN THE LONG TERM RUN. PEOPLE GOT SCARED BUT SHOULD CONTINUE. USING BLOOMBERG TERMINAL, ANALYST BASED ON THE ANR FUNCTION SUGGEST PRICES OF 410, 390, 440, 350, AND MORE BETWEEN 350 AND 400+. THE RSI IS EXTREMELY CLOSE TO GOING INTO OVERSOLD TERRITORY. THE COMPANY THEY BOUGHT HAS PEOPLE FROM THE ROBOTICS COMPANY AMAZON HAD WHICH IS A PLUS SINCE THEY HAVE A DECENT AMOUNT OF EXPERIENCE. I THINK IS AN OVERREACTION TO THE STOCK BUT SHOULD REACH THE AVERAGE TARGET PRICE OF 410 WITHIN THIS YEAR. IT IS ONLY A MATTER OF TIME.


swing trading
Chart Patternsfundamental-analysisTechnical IndicatorsLONGlong-termreversalpatternstocktradingswing-tradingTrend Analysis
Monstelo

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