Shopify Inc.Long
SHOP - Back to bullish after correction - Bullish
Updated
SHOP -Positive trend and following trendlines
-Exceptions on Octobers (different low trendline)
-Just did a correction and filled a vector
-Already hit the 50EMA in the daily timeframe, and very close to hitting the 800EMA in the hourly timeframe
-A huge gap ~85.5 to be filled, and possible higher targets
-Stop loss slightly lower than ~70 (as it means it broke the strong support)
The fun part with this trade is low risk (only ~4% loss with possibly ~18% profit)
*Not Financial Advice*
Note
Moving Stop loss to ~72.6...looking good
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