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$SHOP (Shopify) - Short for Earnings

  • Writer: Kumar
    Kumar
  • Apr 30, 2018
  • 1 min read

We believe Shopify will drop due to bearish orders in options, growth slowing YoY, huge run up prior to earnings and chart looking weak for a breakout. We believe earnings will be "okay" though it will not be enough to drive the stock price up any higher.


We are currently short in $SHOP @ $135.69

Target $120-$125


 
 
 

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