Long
$SHOP Bullflagging in an Uptrend
$NYSE:SHOP looks pretty good here. It seems to be bull flagging (teal channel) in a solid uptrend both on a shorter term (green channel) and longer term (purple channel) view. Looks like a solid buy here for a continuation higher.
Target 1: 88 (resistance of red downtrend channel from ATH)
Target 2: 105 (resistance of green uptrend channel from Nov. low)
Target 3: 128 (horizontal resistance)
Target 1: 88 (resistance of red downtrend channel from ATH)
Target 2: 105 (resistance of green uptrend channel from Nov. low)
Target 3: 128 (horizontal resistance)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.