SamSuka
The Long Investor
The Long Investor

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$SHOP TOP 20

No change in structure but stopped out making a higher high so far this week, so this leaves the possibility for another retest of the 50 Day MA which is on the 0.38 Fib at $63, this would be attractive to me to add here, considering we did not add where I have placed the Wave 2 spot.

The most important note is that if the 50 Day MA is tested, that it holds this level before adding, this point is always relevant for any test of a support level.

Accumulating here before a test of the 200 Day MA is no issue for me, I think $SHOP should have no issue getting back above its 200 Day MA.

$SHOP TOP 20

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