The SHOP (Shopify Inc) swing trade has hit the third price target (T3) for 36% profit. With SHOP at support with positive divergences building, I’ve decided to close the trade out here, eliminating T4. For anyone holding out for the former T4 or any other price target, consider lowering stops to protect profits at this time. Previous & updated daily charts below.
SHOP daily Dec 3rd
SHOP daily Feb 4th
SHOP daily May 12th
As T3 is now the final price target, SHOP will be moved from the Active Trades category to the Completed Trades archives without any additional updates, unless requested.