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$SHOP more than just a COVID phenomena

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Great run from low of $1025 on May 13th. Don’t think this run is over, but SHOP appears to be finding resistance at $1245 level.

Expecting more upside, but might be range bound between P and R1 pivots, near-term.

P= 1180, R1= 1290, approximately.

Pivots shown on this graph are Traditional, Weekly pivots. Dashed line = 100 day linear regression.

Also note correlation between 2021 movements (from peak and trough) with Williams %R below main chart.

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