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Is SHOP setting up for a drop? 20 Day Moving Average Resistance shows up after slipping 0.82%
SHOP closed down 0.82% on Monday, June 22nd, with volume running 1.3× above average. 20 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 105.45, 102.93 & 99.87, with resistance at 111.03, 114.09 & 116.61.
Current SwingTradeBot Technical Rating of SHOP: F
There’s more where that came from. See all of today’s signals for SHOP here.
Read full article here »