Hello Fellow Traders.
A month back I posted the falling wedge and SHOP has rallied back up and now its ready after a few rejections out of the Daily Supply Zone to push toward the 0.382 Fib level.
First level will be 1110. It will need to form a pattern above in order to push higher for a retest of all time highs and the top of the Supply zone.
I also believe it will run with $AMZN prime day it will be a nice sympathy play.
Please leave me any feedback you may have!
Twitter - @gxouls
A month back I posted the falling wedge and SHOP has rallied back up and now its ready after a few rejections out of the Daily Supply Zone to push toward the 0.382 Fib level.
First level will be 1110. It will need to form a pattern above in order to push higher for a retest of all time highs and the top of the Supply zone.
I also believe it will run with $AMZN prime day it will be a nice sympathy play.
Please leave me any feedback you may have!
Twitter - @gxouls