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marcsnts
Feb 14, 2018 6:37 PM

SHOP Short Opportunity Soon Short

SHOPIFY INCTSX

Description

SHOP nearing the top of its ascending channel, touching the top Bollinger band and MACD and RSI approaching levels where historically they start to reverse. Could be a potential opportunity for a short term short, possibly next week or end of this week.

I would wait for a clear trend reversal before committing to a short.

Let me know what you guys think, would love some feedback.
Comments
RHTrading
Hey! Look, a rare non-bitcoin related post. You'll have good luck for the rest of the day.
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