Long
SHOP - Will it roll over again or BTFD?
- Price lost the 11 EMA again, but showing divergence now on daily. If it can claim EMA today, I like this to break to the upside.
- Trend is clearly down, so price likely to continue to push lower on any pop, but if you have a long horizon, not a bad spot to open a position with tight stop loss.
- I went long at 350 today, 8% stop loss for now.
Trade closed: stop reached
growth land is still littered with the landmine...got stopped. no reason to be hero in this market.
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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.