The bull market is back, and so is pandemic favorite Shopify (NYSE: SHOP). After posting robust growth and showing strong operating leverage in the third quarter, the e-commerce platform gained more than 30% in the last five trading days and is closing in on a market cap of $80 billion. Shopify is still down by 63% from the all-time high it set in 2021, which...
"Boom!" There is no better way to describe the bullish dynamics of SHOP stock. The stock has now confirmed the low of the turquoise wave X with a 33% attack to the upside. The upward wave to the north must now continue to the upside to overcome resistance at $67.60. The high of the turquoise wave Y and thus of the superior wave (B) in green is not expected until...
These are my keylevels for Shopify on Weekly. Nothing to say about it, just a sequence of 2 Lower Highs.
Third-quarter revenue of $1.7 billion was marginally higher than analysts' estimates and represented an increase of 25% over the year-ago quarter. The top-line beat affirms the momentum Shopify has been building in recent quarters, which has 70% year to date. More businesses are signing up for subscriptions and driving steady growth in the company's merchant...
after long time going down we hope to see shop going around 55% with option to lose 4.5% and ratio of 4.4 RSI with low ratio with face up with 4 time wining the earning we hope that shop going to sky rocketin the earning will make the call to get in to the trade let see what shop will say
On the weekly timeframe for NYSE:SHOP , I noticed four things immediately: - A candle close above the bullish flag forming, indicator bullish momentum. - NYSE:SHOP recently created swing highs at $53.70 and then broke it and bounced perfectly off of it showing that $53.70 is a KEY level. - When price bounced off of $53.70, it was also at the 5 SMA, adding more...
NYSE:SHOP Price Action & Candlestick Analysis: The price seems to be in a short-term downtrend, as it's mostly moving below the moving averages. The long blue bar shows a strong bullish movement in one of the 15-minute intervals, but it seems the momentum could not be maintained, as the price started declining shortly after. Moving Averages: There are two...
Hello all, As you can see here on the 15-minute chart we are in a channel. I drew these lines and supply zones on the hourly chart. I am looking for a bullish breakout and retest of resistance with a high volume bounce off with good volume on the Hiekin Ashi candlestick chart. I am looking long because the market seems to go where the liquidity is. Thank you for...
Shopify is going up, look at this beautiful move off of support with great volume. TP1 is 25 EMA, and TP 2 is POC of volume profile. This chart is beautiful.
Hi Guys! This is a Macro Technical Analysis on Shopify (SHOP) on the 1 Week Timeframe. Its to add to my previous analysis while keeping it brief and concise. Recently we Broke through and confirmed BELOW both the Uptrend Channel and the 21 EMA. Normally this spells TROUBLE, especially if we confirm BELOW 21 EMA, as this moving average normally holds SUPPORT...
Hello freinds this chart we shows that this market willknow a down trend on next days when i recommend selling if you want more informations please see the chart good luck
Bull momentum of Shopify has been completely released This chart shows the weekly candle chart of Shopify stocks over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, since the completion of the form at the end of October 2022, it has risen by 4 small bands, and theoretically, the...
I am long in SHOP and targets will be huge. Wait for my analyis and if you do understand the trade then enter it. SPY SHOULD RETRACE MORE SOplan your trade accordingly
If you haven`t sold SHOP here: or considered this buy area: Then analyzing the options chain and the chart patterns of CAT Caterpillar prior to the earnings report this week, I would consider purchasing the 67usd strike price Calls with an expiration date of 2023-8-11, for a premium of approximately $3.50. If these options prove to be profitable prior to the...
Netflix is that $200 billion company trading at $441.44 that everyone seem to have forgot about, even though it more than doubled in a year. Personally, I think these streaming services are a colossal waste of your time and money. What you're watching is the intellectual equivalent of a Big Mac or a bag of potato chips, and permeated with the things of socialism...
Introduction Shopify Inc. ( NYSE:SHOP ) has been garnering significant attention in the stock market as it breaks out of multiple weeks of consolidation. This Canadian e-commerce giant has witnessed remarkable growth over the years, and recent technical analysis suggests that there is substantial upside potential for the stock. In this article, we will explore...
Shopify is emerging from a beautiful Stage 2 base. SHOP is up more than 100% since the start of a year – a clear sign this is a market leader. Notice how volume is higher on the rallies up and lower when the stock pulls back. This is a subtle clue that buyers are in control and the smart money is building a position. The breakout on Thursday came on 2X its...