There is two consecutive chart triggers, a small Inverted Head and Shoulder Pattern, and a big skewed W -pattern, with one patterns final target triggering the other pattern,
making a chain reaction like in the price momentum. which can push for bigger move.
Key Levels for SHOPIFY INC NYSE for INTRADAY TRADING are :
Please trade with caution and consult your financial adviser before trading.
suppose to sustain above 21 494, price push more up 300-400 points on DJIA.
Valid R 21518
=> There's still a chance to push price 20532 and 20415 if the price is trading below 21518.
Exactly resistance was taken as yesterday predicted .
suppose to sustain above 21494, price push more up 300-400 point s on DJIA.
Valid R 21518
=> There's still a chance to push price 20532 and 20415 if the price is trading below 21518 .
Exactly resistance was taken as yesterday predicted.
Below this level target is 21094(breakdonw) , suppose breakdown this level will push price 20532 and 20415 .
Recent, GAP was almost 661 points which is -ve for DJIA.
If suppose price close above 21518 will push price upward. (low chance)
As observed on the weekly chart of Nifty 50 bulls have nothing to worry as of now as the uptrend is intact.
The previous swing low (10637+) is is intact and its still trading above 200 Wk SMA (which is currently at 10290)
Nifty is currently at 61.8% retracement level from the March 2018 low to Jan 2020 high (all time high)
Bulls who are going long now without...