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Is SHOP setting up for a drop? 20 Day Moving Average Resistance shows up after dropping 0.8%
SHOP closed down 0.8% on Monday, June 22nd, with volume running 0.8× below average. The session formed a 20 DMA Resistance, often signaling a possible continuation. Key support levels exist at 105.46, 102.94 & 99.88, with resistance at 111.04, 114.1 & 116.62.
Current SwingTradeBot Technical Rating of SHOP: F
Just a sneak peek — check SwingTradeBot.com for the full story on SHOP.
Read full article here »