$SHOP TOP 20 - NEW ADDITION
Added 2024-05-12 19:10:39 +0000 UTC$SHOP is in and $F is out.
It is the first of 3 changes this year and I am really excited to see $SHOP move down to our Wave C level and to be added to our Top 20 list as planned.
I have added in the projection for the next 2-3 years and I will add this again to the Long Projection folder
Support has not yet been confirmed for this Wave C yet, so we will wait to see how the price action handles the 0.5 Fib, we will most likely see a bounce too but it will not confirm that bottom is in yet either, only when we see a higher low can we confirm that Wave C is complete.
But if we get a flush down to the 0.618 Fib at $49, I will certainly be adding a starter position and DCA from there.
I like $SHOP as a long term hold and I am delighted to see the price pull all the way back after running fast in November.
The market always give you a second chance.
