Just finished a really nice trade on SHOP into 886 posted on Nov 27th. Its now time to starting thinking about a break of this 4.5 month range.
If price can breakout from this box the upside is huge. First targets would be the extensions then the measured move to 1450.
The market still seems to love large whole numbers so who knows...maybe 1500. Needs to break the box cleanly on volume first. This will be the 4th test of this level so its best to be patient as it can easily fall back into the range. See previous post.
If price can breakout from this box the upside is huge. First targets would be the extensions then the measured move to 1450.
The market still seems to love large whole numbers so who knows...maybe 1500. Needs to break the box cleanly on volume first. This will be the 4th test of this level so its best to be patient as it can easily fall back into the range. See previous post.
