$SHOP TOP 20
Added 2025-04-16 12:40:01 +0000 UTCI think $SHOP is struggling here because of the Tariff War, they make a lot of their money from small business selling products through $AMZN and a lot of these products are sourced in China and Asia, this is not all they do but it is a part of their revenue and an important part of their growth.
Price is also still under the 200 Day MA but like many of the bounces we are seeing so far, it is difficult to see it as an impulse wave starting.
For now, I think it is sensible to wait for a higher low and strength building before buying here.
However, in the Buy Zone, I believe this is a solid long term investment.
