It's been 10 months since we last analyzed Shopify Inc. (SHOP) and called for a $60 target (see chart below): The stock recently hit that level and we now see that it's trading within a Bullish Megaphone/ Channel Up combo pattern. With the 1D MA50 as its Support and recent strong fundamentals, we now set the next medium-term target at $75.00 to fill Gap 3....
NYSE:SHOP bull flag, needs to break out before it can continue higher to next resistance level which is the horizontal line. Very nice bottoming base.
Stocks still has rich valuation, would not buy 700$ unless market changes. Would buy 300-400 for long term whatever market conditions.
hello freinds this chart we shows that this market willknow an up trend on next days when i recommend buying with a fort probability good luck
NYSE:SHOP Nice Bottoming patter on the weekly chart, starting bullish consolidation. Bullish above the horizontal line bearish below.
NYSE:SHOP Daily timeframe * Breakout of the bear flag, I think it goes to $72.90 Bull: If price breaks above the December 2018 anchored vwap, $72.90 is next Bear: A rejection off the December 2018 anchored vwap, a move back to $39.80
NYSE:SHOP broke out of a 8.5 month inverse head and shoulders pattern back in January, then went back to test the breakout level as support and has now turned higher again. The first target for the breakout of this pattern would be $63.89, however, after we hit that target, I think we'll see a continuation of the trend higher and get to HKEX:75 level. And if...
Guys trading is all about probability. That is why we have STOP LOSS levels ready. I am long in SHOP and will exit at $53. Watch the analysis &if you do like the video make sure to give the video a thumbs up.
Shop stock shopify : "Dont overpay for seeds, if you want trees" Taking a look at Shopify earnings and a decade of potential. thanks for the request, i hope it helps. @ www.tradingview.com
As we analyze the 4 hour chart of Amazon I am honestly indifferent on the stock and would not be trading or buying it right now as it seems "stuck to me" based off these channels... When we look at the "macro" blue channel it shows upside with price pointing to higher 130s... but it would be a very swingy ride there.. right now we are in the white channel which is...
Shopify should lift its laden shopping bags – or are they too heavy? We expect the share to move upwards, climbing above the resistance at $57.50 and further from there. There is a 31% chance, though, for Shopify to make a detour below the support at $38.90. In that case, the share would develop a new low in the form of wave alt.(B) in magenta first before heading upwards.
$SHOP has a beautiful IH&S pattern on the chart right now. Neckline at $45, which were currently consolidating right below. The low was $23, so the measured move would be to the $65 area. Possible breakout soon.
Hello ladies and gentleman,according my analysis to SHOPIFY STOCK.there is agreat probability long to64usd.
Short term change is trend. On the weekly, break of prior resistance. Bulls seem to be stepping in, taking the market rate to step in for a long position and exiting before the bears step in at the monthly ema.
Before Shopify's 10:1 split, it was trading for $1,800 USD. Notable because it was the Toronto Stock Exchange's biggest stock, trading over $2,000 CAD. This was the kind of stock that all the eyes used to be on. The company processes payments on the Internet and the work from home lockdown glory days are gone. The next time we're all under house arrest will be...
Looking at the H4 chart, my overall bias for TSM is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. To add confluence to this bias, price is along an ascending trendline. Looking for a buy entry at 82.87, where the overlap support and 61.8% Fibonacci line is. Stop loss will be at 72.84, where the previous swing low...
Looking at the H4 chart, my overall bias for TSM is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. To add confluence to this bias, price is along an ascending trendline. Looking for a buy entry at 82.87, where the overlap support and 61.8% Fibonacci line is. Stop loss will be at 72.84, where the previous swing low...
Even with the negative earnings, Shop looks like it wants higher. I could see $shop hitting $59 before falling lower. I think the move would play out before March 3rd. Let's see...