SHOPify in news

SHOP has been in the news lately regarding the acquisition of a logistic company.

Prices are as of the close of Friday, May 6, 2022.

As in all previous illustrations, Green lines are periods of LONG, Red lines show periods of SHORT, and Blue lines are periods of NO POSITION.

The weekly is the dominant signal. So in this example, the only possible daily position in the year 2022 is SHORT.