$147.09
24h
+0.21%
4 Nov, 22:42
Bullish weekly technical bounce and higher low formation
Bullish+3.17%
AI Summary
The author presents a bullish technical analysis view on Shopify ($SHOP), highlighting a successful weekly Ichimoku cloud back-test and the formation of a higher low.
$SHOP back-tested the weekly Ichimoku cloud, the Kijun, and bounced back above the Tenkan.
It's only mid week, but that was an incredible move to back-test support and grab liquidity by forming a higher low. https://x.com/cantonmeow/status/2118111713258057837/photo/1