Bullish weekly technical bounce and higher low formation

Bullish+3.17%

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The author presents a bullish technical analysis view on Shopify ($SHOP), highlighting a successful weekly Ichimoku cloud back-test and the formation of a higher low.

$SHOP back-tested the weekly Ichimoku cloud, the Kijun, and bounced back above the Tenkan. It's only mid week, but that was an incredible move to back-test support and grab liquidity by forming a higher low. https://x.com/cantonmeow/status/2118111713258057837/photo/1

Bullish weekly technical bounce and higher low formation

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