$SHOP TOP 20
Added 2024-09-08 16:58:14 +0000 UTCOur patience is being rewarded here
Price lost the 200 Day MA and once there was a retest of this level from below and rejected, the price dropped harsh and down to the 50 Day MA and on the 0.38 Fib at $66
I would still like to see a further drop to the trend line, just above the 0.5 Fib around $64
If $PLTR runs from here then we can allocate more into $SHOP, as $SHOP is another core stock for us that I intend to hold for long term
This pull back is only in one wave so far, so again, there may be a relief bounce next, followed by a lower low to complete the pull back so lets be open to this happening.
