N30
01-05

$Shopify(SHOP)$  

Indicators used:

(1) BOLL Bands: The price is trading within the middle band, suggesting a neutral trend in the short term.

(2) MACD: The MACD line is below the signal line, indicating a bearish trend, but it's trending upwards towards a potential bullish crossover.

There's a broken support line turned resistance around 75.28, which could act as a barrier to further upside movement.

Overall, this suggests a short-term neutral trend with potential signs of a possible bullish reversal.

Disclaimer: This isn't a recommendation for investing in this stock. This is based on personal observations and should not be taken as stock tip.

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