I think we were all happy to see $SHOP arcing downwards this week but again we want to see more....we have been patient with this and we can be patient a little longer until the price drops down and gives us an ABC pull back
Not a surprise to see the 50 Day MA exactly at the wedge top line now, so this is going to be an important level at $100
Losing this level would be even better for us but getting a solid hold of support here should have our attention to add
We will watch this closely.....for now the Buy Zone is at $84.
Friedrich
2024-12-23 03:20:06 +0000 UTC