$SHOP TOP 20
Added 2024-09-23 00:29:58 +0000 UTCWe have been watching to see how $SHOP handles its 200 WMA here at $78, like I said before, it did break above this MA at the start of 2024 but on the retest the price could not hold and this was followed by 8 months of decline
So we will see how the price manages this MA this week, ideally we want to see a pull back to a higher low as shown and where I have set the Buy Zone, between $63 and $67.
$SHOP I will add to once we get a pull back....otherwise, I will wait for the 200 WMA to be converted to a confirmed support level to catch Wave 3.
Comments
On the TSX, the chart has already broken through the 200 Week MA - hope we can see a hold here into October
Jacob Stephens
2024-09-23 00:49:45 +0000 UTC
