Todays move brings
SHOP
above its 50, 100, and 200 moving averages. Note how perfectly price action moved in between volume weighted average price anchored to the May gap up, July high, and August low. A pullback to put in support at 53.94 (the 0.382 of the most recent retrace) would make me comfortable with further continuation. This would line up with the VWAP anchored to the October low.
SHOP
above its 50, 100, and 200 moving averages. Note how perfectly price action moved in between volume weighted average price anchored to the May gap up, July high, and August low. A pullback to put in support at 53.94 (the 0.382 of the most recent retrace) would make me comfortable with further continuation. This would line up with the VWAP anchored to the October low.