$SHOP appears to be following $MSFT, $GOOG and $AAPL right now, after topping out at our Wave 5 at the 2.618 Fib and rejecting quite hard.
I have added in the ABC correction to see how it can potentially look for the next 6-9 months here and it appears to continue to follow their Mega Caps abvove.
$SHOP is a company I really like and if we can get this down to our Wave C target in the $50's, I will add $SHOP to the Top 20 List.
Gareth Neary
2024-02-28 16:02:12 +0000 UTCDavid Deka
2024-02-28 15:56:35 +0000 UTCDamien O'Sullivan
2024-02-28 15:51:14 +0000 UTC