Shopify Inc.
Long
Updated

Trading box for SHOP

283
Thesis: the operating performance of SHOP's business is positive and it provides an optimistic outlook.

How to trade it: at this juncture the stock seems poised to go higher, therefore I will setup a trading box to confirm or deny the thesis.

Sell if it drops below 77

Buy if it breaks the 94/95 level.
Trade active
SHOP is now testing the 111 level. If it breaks, the next stop might be the 129 level, and that will be a key point to move towards a new ATH.
Trade closed: target reached
I have closed this one at 114

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