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Plegee

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Plegee

Re: Capt_Smith77 post# 115

Saturday, 05/06/2017 1:05:59 PM

Saturday, May 06, 2017 1:05:59 PM

Post# of 715
Agree, $81 looks like a new support level bolstered with some nice volume as well. Even with a minor market correction, good support at 77.5 as well.

Per a May 5th review for what its worth:

https://stockinvest.us/technical-analysis/SHOP

Shopify Inc has broken the wide and strong rising the short-term trend up and an even stronger rising rate is indicated. For any reaction back there will now be support on the roof on the current trend broken at USD 84.16, a level that may pose a second chance to hit a runner. According to fan-theory USD 92.87 will be the next possible trend-top level and thereby pose a resistance level which may not be broken at the first attempt.

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