Long
$SHOP in a decent uptrend
I somehow missed this chart before due to its short history. My data goes back only to 2015 and there is no weekly 200SMA as yet. However, it looks strong.
From simple price action perspective, we've been in a decent uptrend since price broke above $50. Currently approaching major resistance at $100. I would stand aside until we see price above this level. I am setting an alarm and will come back to this chart if we get there.
From simple price action perspective, we've been in a decent uptrend since price broke above $50. Currently approaching major resistance at $100. I would stand aside until we see price above this level. I am setting an alarm and will come back to this chart if we get there.
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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.