0
9
![Avatar for pairmike](https://cdn.rcimg.net/pairmike/avatar-8fc3dd1022dcf399c884ac8c734c9c56.png?width=150)
Today's pullback in technology stocks was brutal. At the open, most all technology related stocks were down significantly.
Specifically, I saw that Shopify (SHOP) was down a great deal, following two previous days of selling pressure. Based on the chart below, I opened a position in the stock.
![](https://cdn.rcimg.net/pairmike/images/4cd7ace3/994baae7873f0cb239c1ab8e93d2a9eb.png?width=300&quality=10&blur=20)
My reasons for buying were:
3 days of selling pressure
Big reversal off the lows of the day
Large amount of volume the last 3 trading sessions
What do you think about Shopify at these levels? Do you buy any? If not, will you?
Thanks,
Mike
![Avatar for pairmike](https://cdn.rcimg.net/pairmike/avatar-8fc3dd1022dcf399c884ac8c734c9c56.png?width=150)