Long Shopify

$NYSE:SHOP

Shopify dumped to a major support level.

Weekly MACD crossing up, Weekly MFI showing bullish divergence.

10/1 stock split coming on June 29th.

See AMZN prior to June 6th split. (27% rally)

I'm anticipating SHOP rallies here. (Perhaps to low $400s or $470)

I'm going long tomorrow on the market open.

I hope to hold the position until price exits the fork.

I'll be watching for this on daily and lower timeframes.