$SHOP GOIN' UP
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.
−1.59USD
−3.46BUSD
5.6BUSD
1.159B
About Shopify Inc.
Sector
Industry
CEO
Tobias Albin Lütke
Website
Headquarters
Ottawa
Employees (FY)
11.6K
Founded
2004
ISIN
CA82509L1076
Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada.
SHOP Good to Buy at $ 54 but Best buy at $ 49 Gap to Fill Our Pivot Stand at $ 62.80
Short term downtrend continue to $ 49 to fill the gap
Upside target is $ 70.20
Support is at $ 51.60 and Gap to fill since May 2023 at $ 49
Buy share at $ 54 and sell covered Call ATM for 20 OCT
if stock drops to $ 49 then buy Bull debit spread for March 2024 for
$SHOP Ready to Move Higher?It is hard to believe but there is a lot to like about this NYSE:SHOP chart. What I like is that it has recently come back and touched the rising 40 Week MA (white). It Just bounced off the AVWAP from all time high (meaning that the aggregate of shareholders since that time are in the money). It i
$SHOP Setting UpIf institutions really want NYSE:SHOP , it should stat finding support here and turning back up.
Let's see how it continues to react to its 50 MA.
SHOP requires patience to buy in $40s Q4-Q1If you missed the latest bull run...
SHOP just retested the latest weekly bear flag and is bouncing off of it
SHOP is validating a new resistance trendline
--> This all may put SHOP in the $40s through Q1 2024. That's my going to be my level to buy.
Multi week cup and handle on SHOP Cup and handle forming on SHOP, cooling off after overheated RSI. Looking for an entry around blue horizontal.
SHOP PutsIncredible NYSE:SHOP Puts options swing
Was alerted on 9/5/2023 in profits! Using proprietary fibonacci retracement strategy.
SHOP - accumulation opportunityNYSE:SHOP has had an incredible year and we may have another strong accumulation opportunity in front of us. SHOP has been in a strong uptrend since recovering its 200MA in January. We the December 2022 low and an overbought condition in February 2023 set a range for the measured move of the gap up
Shopify Short term Sell Target Off Major Support BounceHI guys, ive been following Shopify (SHOP), since its test of some important SUPPORT. This is a quick update from my previous idea. (Which you can find down below for more context)
We've currently bounced extremely bullish off the SUPPORT level, heading towards a SUpport turned Resistance line asso
Shopify Inc | SHOP & AIShopify stock has seen sideways momentum for the last few weeks despite posting good results in the recent quarter. One of the reasons is the bull run in early 2023 due to which the stock has seen over 60% jump in year-to-date. Shopify has been able to reignite revenue growth in the last few quarter
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SHOPSHOP: Shopify Shares Gain 24% on Q1 Earnings Beat and News of Layoffs
The e-commerce company announced it will be cutting its global workforce by 20%.
SHOPShopify stock tumbles on weak outlook
Shares of the ecommerce company were down more than 10% in after-hours trading.
SHOPShopify lightens its basket
Shopify saw its shares sink further towards pre-pandemic levels thanks to an earnings update filled with spoiled goods.
SHOPPandemic gains Stopify
The post-pandemic e-commerce slump makes its mark on Shopify, sending shares tumbling to lose all their pandemic gains.
SHOPStrike goes SHOPping for Bitcoin adoption
Strike announces a collab with SHOP to bring Bitcoin Lightning payments to the e-commerce giant.
SHOPShopify gets maxed out
Investors think Shopify might be a bit of spendthrift after getting spooked by the amount of cash it’s splashing on fulfillment centers.
SHOPShopify gets some meme army attention
The online army is “buying to try” with Shopify stock on Friday, having had their ears perked by impressive earnings last month.
SHOPShopify breaks its winning streak
E-commerce giant Shopify posts its first revenue miss in five years with its third quarter earnings, but shares are up in after-hours trading nevertheless because its future is looking bright.
SHOPShopify tops $1 billion in revenue for the first time
Despite blowing past expectations and topping $1 billion in revenue for the first time, shares of Shopify slip as investors worry about how the e-commerce giant will fare post-COVID.
SHOPShopify slays in Q1
Shopify soars over 11% after its Q1 earnings beat previous estimates into pulp, reporting a revenue growth of more than 100%. Killing it.
SHOPShopify exodus
Shopify bounces back after losing 5% yesterday following the announcement that three of its senior execs will be leaving the company.
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