Long
SHOP ready to reverse?
SHOP is showing an interesting setup.
Previous support now acting as resistance ($450). This is also a strong psychological level.
If we break and hold above $450 there is room to $510
Trade idea:
Entry price: $450 (Break and hold above) *Always wait for confirmation*
Targets: $472.50 , $490 and $510
Option Strike: 510c 5/6 (Currently trading at $10.80)
Stop Loss: $405.00
Disclaimer: This is not a trading advice nor a buy/sell signal. This is for educational purposes only. Trade at your own risk
Previous support now acting as resistance ($450). This is also a strong psychological level.
If we break and hold above $450 there is room to $510
Trade idea:
Entry price: $450 (Break and hold above) *Always wait for confirmation*
Targets: $472.50 , $490 and $510
Option Strike: 510c 5/6 (Currently trading at $10.80)
Stop Loss: $405.00
Disclaimer: This is not a trading advice nor a buy/sell signal. This is for educational purposes only. Trade at your own risk
Trade active
Nice break
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.