$SHOP continues to push higher and in record breaking time, fueled by a strong holiday sales performance and higher focus on online sales.
I have circled a very small pull back around the 10th of November, this to me can not be regarded as any real pull back but buyers keep stepping in.
I have added in the 2 Fib, which is the standard Fib level we set for Wave 5 and this is at $75 right now, a massive jump from $45 at the very start of this month.
$SHOP could follow the Mega Caps that are extending and pull back in line with them too.
I think we need to watch $AAPL to see when the market will pull back.
Dipen Patel
2023-11-28 15:48:48 +0000 UTCLyndon Richards
2023-11-28 13:48:57 +0000 UTC