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Shopify Inc.

Possibilities over the next 1-2 months.

Por Rippie
Atualizado
Pivotal point around the $112 level. Already corrected the necessary 22% in a bullish market however the most common retracement is down to the .382 fib.
Hope this helps.
Comentário
Going back and looking at more data..I believe Shopify will hit the resistance line faster and $110 will be the pivotal level which will determine the direction we move.
Comentário
Because Shopify decided to spend a few extra days consolidating we are back to the original $112 resistance I mentioned a month ago. We have already broken out of the downtrend and most indicators look positive moving forward.
Chart PatternsTechnical IndicatorsTrend Analysis

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