$SHOP TOP 20
Added 2024-08-25 19:06:07 +0000 UTC$SHOP is reaching for its 200 WMA now at $80 and still no meaningful pull back yet
I have discussed this at length during the week and the last few weeks, so I think we are all up to speed with this now
Sept is not a strong month for the market, so I will still wait for a pull back to at least the yellow trend line again at $64, where the 0.5 Fib is right now.
I already have 3 buys in $SHOP now so I am in no rush to add and have strong gains here
I won't break my strategy here and chase.
Comments
You could sell if you’re trading $SHOP, and wait until the pull back is complete. But, Caps strategy is Long-Term, not selling full positions in every peak and troff. Hope that helps 🤝
Josh Stevens
2024-08-26 16:27:43 +0000 UTCSo in this case why wouldn’t we sell?
AL
2024-08-25 19:10:55 +0000 UTC
