$SHOP TOP 20
Added 2024-07-18 16:12:10 +0000 UTCThat has been a rollercoaster week for $SHOP, first bouncing on the 0.38 Fib after it was upgraded by BofA, bounced to the 200 Day MA and rejected and has now sunk back down with the market to the 50 Day MA at $63.
We did not chase $SHOP when it bounced in the PM on Tuesday, we said to wait until after the 200 Day MA has been flipped to support and this is why we do this, we do not want to be caught chasing.
Now the market has given us another chance.
So the initial plan remains, once support is held on the 50 Day MA, we can consider adding again.
