$SHOP is trading near 128.45 and is down 0.47%, making it one of the weaker names shown. The immediate question is whether buyers can stabilize price around 127–128 or whether sellers continue pushing liquidity lower.
I’m interested in a reclaim above 129 because that would give the setup better short-term momentum. If 126 breaks with strong volume, I would avoid the long idea.
Trade Setup:
Entry: 128.00–129.00
Stop Loss: 125.80
Target 1: 131.00
Target 2: 133.50
Target 3: 136.00
I’ll let price confirm the direction before committing.
I’m interested in a reclaim above 129 because that would give the setup better short-term momentum. If 126 breaks with strong volume, I would avoid the long idea.
Trade Setup:
Entry: 128.00–129.00
Stop Loss: 125.80
Target 1: 131.00
Target 2: 133.50
Target 3: 136.00
I’ll let price confirm the direction before committing.