SHOP- Drop and pop?
This thing is ridiculous.
"Shopify has a trailing-twelve-months P/E of 800.37X compared to the Internet - Services industry's P/E of 28.45X."
zacks.com/stock/chart/SHOP/fundamental/pe-ratio-ttm
When things get back to normal this will tank. 500's again easy. This bloated quickly and will drop like an elevator that no longer has cables.
No Idea if this is the start of the drop yet. Just watching this for now. Could see support around $640, $604 and either/or $592/$567 before it goes further. Everything else will be a roller coaster of doom. RN not a lot in between being at ATH and no real sideways movement.
"Shopify has a trailing-twelve-months P/E of 800.37X compared to the Internet - Services industry's P/E of 28.45X."
zacks.com/stock/chart/SHOP/fundamental/pe-ratio-ttm
When things get back to normal this will tank. 500's again easy. This bloated quickly and will drop like an elevator that no longer has cables.
No Idea if this is the start of the drop yet. Just watching this for now. Could see support around $640, $604 and either/or $592/$567 before it goes further. Everything else will be a roller coaster of doom. RN not a lot in between being at ATH and no real sideways movement.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.