Will Shopify stock hit a new all-time high in December?

This could be a great time to enter Shopify as it could soon start a rally to hit a new all time high.
Shopify has formed strong candles at the supporting trendline which is suggesting towards a strong reversal.
Investors can set a target at $1790.

Shopify (SHOP/USD) was trading over 6% higher as it saw a strong gap up opening which is suggesting that the bulls are back in Shopify. Shopify saw a gap up of over 3% which is indicating that the Shopify correction could be over.

After hitting a new all-time high in November Shopify started its correction and fell from $1690 to $1381, thus investors who missed the previous rally are now looking for opportunities to enter Shopify. This could be a great time to enter Shopify as it could soon start a rally to hit a new all-time high.

However is this the correct time to enter Shopify?

Here is what the charts are pointing towards-