$SHOP TOP 20
Added 2024-07-21 14:21:53 +0000 UTCRollercoaster week this week for $SHOP, got a nice upgrade at the start of the week from BofA and tested its 200 Day MA but it was not enough to withstand the selling pressure from the market and dropped back down to its 50 Day MA....which many of us believed was beyond us to add again.
I think if the 50 Day MA is not held (remember: a lot of the Mega Caps are testing this level too, so if they bounce here, they are all bounce together) then the 0.618 Fib is tested at $61 on the yellow trend line again, a hold here and I will add, as it did in May.
No rush to add, wait for support confirmation, we don't want to catch a falling knife here.
![Jive Faury [SDD Lab]](https://samsuka.com/istorage/43236.jpg)
