I’m getting a great second chance with Shopify (SHOP) at a very appealing price point. The explosive move has sent this thing sailed up toward both a major price gap as well as a key broken trendline. I bought have January 2025 $80 puts.
![](https://slopeofhope.com/wp-content/uploads/2024/08/shop-640x705.png)
Here’s the longer-term view.
![](https://slopeofhope.com/wp-content/uploads/2024/08/slopechart_SHOP-640x342.jpg)
It’s uncommon to see a setup this clean.