$SHOP Pre-earning Wide Range from 535-410 Current 478.89

Mixed signals specially Money flow index keep declines which suggest for strong coming move either direction .. On upper limits we can find fib resistance near by 535 and on down trend its need to re-visit previous top at 410 to confirm it or break it . Straddle options will be much helpful but will be expensive . Its better to see earning results and act accordingly . on longer time frame its showing strong uptrend and should be support by good guidelines for coming quarters and good earning reports otherwise it will fall hardly..

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JUST WOW

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for 2nd day it closed inside my yellow box. interesting!!

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No way for 3rd day close inside the box . closed at 531.22. bearish below 520

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Still inside my box :)

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RSI Extremely overbought

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