Replies to post #238 on Shopify Inc (SHOP)

[bionuthing]

I know I know. Same crooked Cramer pumped on 6/6. SHOP corrected because the pumping came after an extended rise with RSI=70+. But this time around, the pump occurred AFTER an extended consolidation with RSI=51+. Will it correct? Sure it will, but the odds favor continuing rise. Today BZUN, an obscured Chinese e-commerce also-run outfit, rose 12% in one single day. Go figure.