Shopify Turns Bullish

8 ส.ค. 2024

This stock looks good and currently preparing for a bullish wave...

Good Thursday my fellow trader, I hope you are having a wonderful day.

➖ This week, SHOP produced a very strong session. This session so far removed all the losses produced in an entire month. One single week negated four weeks of bearish action. Couple this with a strong volume breakout and you have a strong bullish signal.

➖ This week also pushed prices above multiple moving averages which is a nice extra. This gives additional support to the bullish bias:

👉 SHOP is very strong buy above 63.

Thank you for reading.

Namaste.