Hello Everyone, Followers,
SHOPIFY is 3rd one for today.
Shopify maintains a healthy structure inside its ascending trend channel.
🔍 Chart Highlights
- Price bounced strongly from the lower yellow trendline, defending long-term structure.
- SHOP is now facing resistance at 161 next resistance level is 169
- 100 MA and 50 MA are flattening — early signs of a possible trend reversal.
The MACD-style price action (higher lows + strong candles) supports short-term upward momentum.
🔹 Outlook
If SHOP breaks above 161 then 169, the next target is 177 → 188.
Struggle at these levels may cause a pullback to 151 or even 136.50.
🔹 My Plan
I monitor SHOP closely near 161.
A breakout confirms bullish continuation.
Pullbacks to the lower trendline remain attractive accumulation opportunities.
If you enjoy and like clean, simple analysis — follow me for more.
This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.
Have a lovelly Sunday to all and Good Start a Week.
#SHOP #SPX500 #NASDAQ
SHOPIFY is 3rd one for today.
Shopify maintains a healthy structure inside its ascending trend channel.
🔍 Chart Highlights
- Price bounced strongly from the lower yellow trendline, defending long-term structure.
- SHOP is now facing resistance at 161 next resistance level is 169
- 100 MA and 50 MA are flattening — early signs of a possible trend reversal.
The MACD-style price action (higher lows + strong candles) supports short-term upward momentum.
🔹 Outlook
If SHOP breaks above 161 then 169, the next target is 177 → 188.
Struggle at these levels may cause a pullback to 151 or even 136.50.
🔹 My Plan
I monitor SHOP closely near 161.
A breakout confirms bullish continuation.
Pullbacks to the lower trendline remain attractive accumulation opportunities.
If you enjoy and like clean, simple analysis — follow me for more.
This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.
Have a lovelly Sunday to all and Good Start a Week.
#SHOP #SPX500 #NASDAQ
Dagangan aktif
Staying and try to find resistance on Trend line . If it close over this level then tomorrow I can think of it to buy. Closely watching.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.