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The Long Investor
The Long Investor

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$SHOP TOP 20

$SHOP is heavily linked to $AMZN, so if $AMZN drops then $SHOP is unlikely to go against this trend

Price we know rejected at the wedge trend line at $100 and dropped as low at $69 this week

And finished on the 200 WMA ar $76

I believe $SHOP is a solid company below its 200 WMA to accumulate and can recover and reverse next along with $AMZN's brief next.

$SHOP had not been following the market either, which is why I like it long term here at the 200 WMA

However, right now I am being very greedy for support confirmation.

$SHOP TOP 20

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