$SHOP TOP 20
Added 2024-07-14 03:27:28 +0000 UTCMy belief that $SHOP will test the 50 Day MA at the 0.38 FIB first before moving higher still remains and a hold at this confluence level at $63.64 would give us a buy signal to add again.
We also can not rule out a test of the 0.5 Fib or even the yellow trend line again to complete this Wave 2, either option should be perfectly fine with us, as long as support is found on one of these levels, we can add and this would be fine as part of an impulse wave.
The set up remains healthy but some sideways movement is being observed, very little we need to do here for now apart from wait for the next signal to give us our entry position, I will alert when I buy again.
