LeLaf

SHOP: Ascending Channel (45%), WEEKLY

Long
NYSE:SHOP   Shopify Inc.
Shopify currently in an ascending channel on the Weekly chart.
Bounces back and forth since March 2020.

Watching for a bouce back when price action reaches support at 1300$.
Will likely bouce back on 50 MA which also is the bottom channel.

If confirmed:
Price target = 1882$

Stay humble, have fun, make money!
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