You can watch Alex Vieira live selling Shopify at $407 on the web. He had a Strong Buy rating on Shopify since $19 with a price target $389 since 2016
Shopify is looking pretty bearish to me. Notice, it is trading below its big up trend line, below its 10 SMA (orange line), below its 50 SMA (blue line), and looks to be heading for the 100 SMA (purple line) as well as the next major support area (dashed line). I am going to stay neutral for the time being, but will keep a close eye on it. If SHOP can't bounce...
If you follow the stock market, and the big names in it, you will know that Shopify has been on a rampage. But, SHOP has recently pulled back into a zone that I think counts as solid support. In doing this it made an inside candlestick pattern yesterday. Inside patterns are tricky ... they can be continuation or reversals. However, this particular inside...
SHOP Has just been on a tear, my goodness. I had this move marked out when it was flagging, had my buy marked at 125. Got distracted elsewhere, missed the buy, and now have just been absolutely kicking myself over this. What a run. My best estimate for a target sits around 428. May buy a put option at that point if it does in fact reach it, but I obviously don't...
While people are fearing about a potential recession and trade war bla bla bla, Shopify just don't care and actually doubled in just few months. Shopify is an example of stock that doesn't care about the overall general market, because its growth story is much more important, and its own Fundamental have much bigger influence towards its stock price. We have...
Indeed! Real-time $19 to $390 everyone is rich
Same Tom DeMark broken trend line (lvl1) I explained my sell on graph
Pattern changes slightly but value keep increasing. Tomorrow's prediction: Predictable Opening: 488 Predictable High: 501 Predictable Low: 461 Predictable Capacity: 488
To keep it simple, we have 5 waves done on SHOP. We can expect a first pullback to 276 USD, if that level breaks we have a target of 246 USD.
STRONG BUY $19
With a previous 7.40% intraday surge, after the previous earnings announcement and an earnings bet of +0.13 Cent per share compared to the Wall Street consensus, we can expect SHOP to similarly behave this time around and are slightly bullish, as the company continues to grow and is on an overall uptrend. However we position ourselves neutral, as the company's...
1. SHOP is on a strong uptrend 2. Price has retracement and bouncing of 20 MA 3. Price makes a higher high in a lower timeframe Profit target: 335 Stop loss: 288.5
experiment. larger sine wave is pure speculation, less weight to it.
Shopify has shown a consistent upward trend above the 180 day EMA. RSI is oversold and has reached support. Wait for confirmation with higher highs and higher lows for a potential 5% return on Shopify this week.
Shopify buyers are looking exhausted. Looking to buy after slight dips along the Fib Retracement.