$SHOP About to Skyrocket

Shopify has been hard climbing the stock´s price ladder for the past two years. Ever since COVID´s crisis, SHOP´s price multiplied by 4, amazing return for half a year.
The tech sector pullback on the past weeks has affected Shopify making its price lateralize.
But, standing on a support and with great indicators, I think this stock is about to skyrocket. The MACD line is about to cross the Signal line below the 0 level, god tier Long-Signal. On top of this, the RSI has been increasing consistently and its now about to break the 50lvl, indicating the stock is adquiring strength and momentum.
Technical IndicatorsTrend Analysis

Wyłączenie odpowiedzialności