Friday, March 10, 2023 11:01 AM EST
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Shopify Inc., Elliott Wave Technical Analysis
Shopify Inc., (Nasdaq: SHOP): Daily Chart, 10 March 2023.
SHOP Stock Market Analysis: Looking for five waves to the downside into wave {i} as we are assuming we have completed a three wave move to the upside in wave B.
SHOP Elliott Wave Count: Wave (iv) of {i}.
SHOP Technical Indicators: Below 20 and 200EMA average.
SHOP Trading Strategy: Looking for shorts into wave (v).
Analyst: Alessio Barretta
Shopify Inc., SHOP: 4-hour Chart, 10 March 2023.
Shopify Inc., Elliott Wave Technical Analysis
SHOP Stock Market Analysis: Looking for a downside in wave (v) already, we have a three wave move into wave (iv).
SHOP Elliott Wave count: Wave i of (v).
SHOP Technical Indicators: Below 20EMA
SHOP Trading Strategy: Looking for shorts into wave (v).
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