Cyber Monday saleUp to 70% OFF

SHOP

SHOPIFY; SHOP Till You Drop... Should We Go Long Into Earnings?✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Heeeeeey, u up? Sorry, talking to this SHOPIFY chart, and the answer is "oh yeah!" Honestly, if you like bullish charts, then you'll love SHOP. SHOP has had an absurdly profitable run since 2016, and our Momentum Mover strategy has constantly caught runs in that uptrend. Let's see how this current long plays out. --- 1. Everyone is home from Coronavirus and expecting good earnings potential. Short to Long ratio volume is having an uptick as of the last week so short squeeze maybe? Looking for a long setup based mainly on these reasons and here is how we will try and act on these factors. 2. Fractal Trend is showing an uptrend (Green background color) for SHOP on the hourly. With our Momentum Mover strategy we take long positions when Fractal Trend signals an uptrend AND then Breakaway Scalper signals a long entry in the uptrend by showing a Green bar color. We only trade with the trend, and the trend is good with SHOP. 3. Right now we are seeing R1 acts as resistance forming what could potentially be a local top (but for now just looks like consolidation). 4. If we get a break down from R1 we will look at S1 - S4 for support. Ideally we will see S2 or S1 hold to ensure a higher low and a that the bullish structure of the uptrend is retained. 5. Whenever we find support and get a Long entry, we will be using Breakaway Scalper's built in static stop (yellow line) to lock in profit or limit losses based on how much upside we have seen.
NYSE:SHOP
by AlphaBotSystem
Shopify and ETSY: Covid and Earnings CallFirst off, please don't take anything I say seriously as this is opinion basis. That being said, let us get into my insight. I believe due to the Coronavirus, likely online shopping and e-commerce have seen a spike in activity. This is due to people shopping online more. Not just e-commerce went up, but so did remote collaboration and other sectors as well. Looking at both Shopify and Etsy, the earnings calls for both companies seem quite soon, and even though Shopify went up tremendously, I think a $650+ target could still be reasonable. In terms of long gain potential though, I think Etsy may take the cake at a really lower cost stock, but only time will tell. It is still to early to call that. Both stocks are medium to high risk, and a lot depends on the earning calls. I think though it may be worth the bet, but there are other assets that have higher gain potentials as well (with lesser risk). As I said in 2018, Shopify still seems like a gold mine and is an example of one of those startup success stories or the American dream (well actually Canadian dream). Also keep in mind, in 2015, Shopify's IPO offering price was $17 and the early trade price was $28, meaning in 5 years you could have seen a 23 to 38 times profit for your investment.
NYSE:SHOPShort
by gamer456148
SHOP before Earnings2H: (bullish) SHOP to release earnings data before open today. If you're already invested or still plan to invest, here's what you need to know. – stock is above all MAs (bullish) – RSI can boast a higher high and double-bottom (bullish) – MACD is neutral to bearish – SAR is below 'daily' 20MA (bullish) There are no technical mistakes in the prior 3 major patterns. The main multi-year channel is 'monthly' averaged with step-line over log . Within said channel, the stock maneuvered perfectly thus far and is expected to continue to do so. Considering the endless run-up since 2017, and the numerous bull-signals that suggest another minor jump-up, the "steam" is likely to run out soon (as MACD and RSI suggest). 8 out of 10 major indicators are bullish, 1 neutral 1 bearish. Options pricing suggest a 30-40 point move either way (37 calculated). If it jumps up, there is somewhat a chance for a sell-off back to current levels. Also keep in mind that markets are expected to correct sometime this year. Important: Note that if the stock fails to touch or cross the upper channel trend-line, it will be forced to touch the lower (later down the road). RSI:
NYSE:SHOP
by UnknownUnicorn5323213
3
$BABA Market Correction after fear based news$Alibaba has been a household name in my house for 10 years, i use to import e-cigarettes back in 2009/2010 from them before vaping was a thing. Most people are just hearing about this Giant company with a weird name recently. This is the largest E-Commerce in the country with the largest population, along with monster cloud services, social media, Financial firms, transportation , and the list goes on, along with brick and mortar stores and package delivery. People like myself are able to create product lines for our barbershop with Alibaba and network with the world. 80% of what you see on Amazon comes from an Alibaba seller via Oem or drop shipping which $shopify is benefiting great from Alibaba. I am no pro hardly should be giving advice but i do know this company more than what i’ve I heard from someone else and 100% believe this will see 4 figure numbers before we’re halfway through the decade.
NYSE:BABALong
by WickedTradez