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Shopify Inc.(SHOP:NASDAQ) Elliott Wave Technical Analysis 10 March 23


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Shopify Inc., Elliott Wave Technical Analysis
Shopify Inc., (SHOP:NASDAQ): Daily Chart, 10 March 23,
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).  
TradingLounge Analyst: Alessio Barretta
 
SHOP_3_10.png.22c854af24a8c9f88dc6ab4ef659c6ad.png

 
Shopify Inc., SHOP: 4-hour Chart, 10 March 23,
Shopify Inc., Elliott Wave Technical Analysis
SHOP Stock Market Analysis: Looking for downside in wave (v) already, has 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). 
SHOP_4H.png.f8e30978158806e10f62940e9b74dc5b.png
 
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