SHOP long term profit ? Cup & Handle pattern + Above the average line 150. Only an idea and not a recommendation for trading!
Shopify (SHOP) has been trading within a Channel Up pattern since the October 13 2022 market bottom. It recently made a Higher High but not at the top of the pattern and started to pull-back, losing most of its strength and momentum as the 1D RSI dropped to 45.50 (neutral). The price is still above the 1D MA50 (blue trend-line), which keeps it bullish but in our...
SHOP is little over extended, Expecting a pull back to the gap zone .
Shopify is approaching strong support levels expecting a bounce of 50-100% from those levels. I will personally buy some calls when it hits that particular area. Position yourself accordingly, If have questions just message me.
I see the trend of these stocks in the long term strongly rising.
Hi,Guys on 90 dollar this is so great opportunity to short it .... Gooooood Luuuuuck
Shopify Inc. (NYSE: SHOP), a provider of essential internet infrastructure for commerce, announced today that Shopify merchants reached a record $9.3 billion in sales* over Black Friday Cyber Monday (BFCM) weekend - a 24% increase from last year. From early Friday in New Zealand to late Monday in California, more than 61 million consumers globally purchased from...
Shopify - NYSE:SHOP Shopify is having a great year and it appears it just got better, they announced a record-breaking Black Friday, with global sales from its merchants totaling $4.1 billion. Surpassing the previous year's figures, sales saw a substantial 22% increase, peaking at an impressive $4.2 million per minute on November 24, 2023. After 5 positive...
An example of a consolidation model. Like the idea if you feel like adding consolidation model examples to this tutorial idea.
Cup and Handle in Motion for NYSE:SHOP Watch out for the neckline at $71.43. If a breakout is, then a CnH target is at around $119. in the smaller picture, we can see a recent breakout from a minor downtrend channel with a target of $84.31 (closing the daily gap that occurred in February 2022). The best entry position is at $62.41 to close the small...
Shop has been on an absolute tear and is looking to be creating a small flag on the 4 hour that has an upside past the .886 fib. Do remember we are 1/3 of the way to all-time-highs and have a long way to go to even 1/2 of that. Was shop overvalued at 175$, sure, but what about todays prices? The market is very irrational this year stay safe.
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.
Todays move brings NYSE:SHOP above its 50, 100, and 200 moving averages. Note how perfectly price action moved in between volume weighted average price anchored to the May gap up, July high, and August low. A pullback to put in support at 53.94 (the 0.382 of the most recent retrace) would make me comfortable with further continuation. This would line up with the...
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