SHOP could go down
considering the Fibonacci resistances (and historical behaviour, 'cus it is the same), the stochastic indicators, momentum and the fact that it went through the EMA-50 in any case the price keeps under 1478 there are good chances of going down till 1435 or 1382. Stay aware of any sign of an unexpected rise. I'll give it a try going short
Note
It tried to rise but stopped right at the resistance of EMA-(20&50) let's wait till confirmation to any directionNote
Aaaand... it fell. If it helped anyone, good for you! :D
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.