Shopify Inc.
Long
Updated

$SHOP - one more high at $59 before lower

280
Even with the negative earnings, Shop looks like it wants higher.

I could see SHOP hitting $59 before falling lower.

I think the move would play out before March 3rd.

Let's see...
Note
Still think this is valid. Let's see if we get a reversal today or tomorrow
Note
Can't deny the weakness in stocks. I'm out of all longs here.
Note
It can still push higher, RSIs do look like they're bottoming, but the risk/reward isn't there for me for me to take the trade.

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