$SHOP and $PLTR were the two most impressive stocks for me this week, as they were strong across the board and have been throughout this entire volatile time in the market over the last month.
We were watching for a test of the 50 Day MA but the bullish move had no issue going higher so I have added the weekly chart here and whats next?....the 200 Weekly MA, which we have spoken about a lot lately
Anytime a price is below the 200 Weekly MA, value is most certainly available compared to its historical movement.
So this is where we are watching for a test next at $80, so I have moved the Fib levels to reflect this
0.38 Fib is at the 50 weekly ma and the 0.5 Fib is at the trend line at $64.32, high points of interest now for us