Singkat
SHOPIFY 30 % DROP IF THIS HAPPENS (NEW)
A few days ago Shopify managed to break out of the range but it seems that it was a bull trap as the price came back into the range.
We believe that after the fake breakout to the upside that we had, it´s more likely now for Shopify to break down. We had a bearish cross on MACD and RSI on daily timeframe is not even oversold and it has more room to the downside.
Enter the short only if / when we break down the range. We expect 30 % drop.
Moreover SPX and Nasdaq finished their ´bear market rally so it´s also favoring more downside on Shopify.
We believe that after the fake breakout to the upside that we had, it´s more likely now for Shopify to break down. We had a bearish cross on MACD and RSI on daily timeframe is not even oversold and it has more room to the downside.
Enter the short only if / when we break down the range. We expect 30 % drop.
Moreover SPX and Nasdaq finished their ´bear market rally so it´s also favoring more downside on Shopify.
Dagangan aktif
The price broke down below the range.Expect more downside soon
💥 Free signals and ideas ➡ t.me/vfinvestment
Penafian
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💥 Free signals and ideas ➡ t.me/vfinvestment
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.