Get started

Shopify

$SHOP -73% DISCOUNT (52-WK) -83% (ATH)!Shopify is good stock if you are thinking about adding an E-Commerce stock to your watchlist/portfolio.I think its really Shopify vs Amazon in they both just performed a stock split. It is currently showing a possible sign of basing, but I think it has a way to go down! The original Heavy buying positions from IPO '15 is the $13.10 area! The next set of buyers from Dec. '19 to Aug. '22 are @$35 area! Which is good entry to swing to the $176 ATH, but the $13 entry area is a SNIPER! anything in between those two are good entries for long-term.
NYSE:SHOPLong
by twotimezinvestments
1
TSX another low incoming BOC meeting sept 7th We are just about half way thru earnings season for the TSX, with the next BOC meeting in September 7th and another hike of minimum 50bps is already guaranteed I think it opens up a great period for the TSX to make a new low. Earnings have been better than expected for a lot of the bigger companies in all sectors from industrials, utilities, staples and of course energy but I think that is mostly priced in by now and even though we had a nice rally here off the June low it was over due after all markets never go down in a straight line. I am looking at further weakness in the energy sector with WTI looking overdue for a move to 70's . I am eyeing the monthly calls with a sept 16th expiry. I am looking at shorting XIU for tsx 60 and XEG for the energy etf and also single names such has Telus / Bell / Canopy / Superior
TSX:TSXShort
by AthenaCapital
SHOPIFY approaching the end of its consolidation. Target $60+.Shopify (SHOP) has been consolidating within an Accumulation Zoen since the May 11 Low. At the same time the 1D RSI has been on Higher Lows indicating a hidden bullish sentiment. The last time we saw that recently was during the September 24 - November 29 2019 Accumulation Phase, which was also on 1D RSI Higher Lows. A strong rally followed after the pattern broke to the upside (came after the price broke above the 1D MA50 (blue trend-line)). Currently, the bullish targets are the upper Fibonacci retracement levels, which as you see they all match the Lower Highs during the price correction. We are aiming for $60 on the short-term. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
NYSE:SHOPLong
by TradingShot
3
$SHOP Rectangle pattern trading rangeNYSE:SHOP The price has formed a Rectangle pattern and has been in a trading range since May 2022. A close above $41.85 will confirm the pattern's breakout, with a target price of $51. 40 . A close below $28.90 will confirm the pattern's breakout, with a price target of $21.75. Note that not every price target is met. $SHOP remains in a downtrend. A close above $79.00 will confirm a trend reversal, and the price will likely keep moving to the upside.
NYSE:SHOP
by SanchezAxline
One for the shopping list?Shopify - Short Term - We look to Buy at 36.75 (stop at 31.65) Previous resistance level of 36.75 broken. Price action has formed a bullish ending wedge formation. We look for a temporary move higher. Preferred trade is to buy on dips. Our profit targets will be 51.12 and 70.29 Resistance: 41.37 / 51.12 / 70.29 Support: 36.75 / 30.02 / 29.72 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:SHOPLong
by Saxo
SHOP 18% rip since last post 2 days agoSHOP nice rip from bottom of base to top of base with good volume too. Close above 40 is really good on it. 41.40 is the top of the base. Once that breaks, the actual breakout is going to start. I am not really sure if we breakout of the base since ES is also at a critical resistance area around 4000. Can be played both ways on it. Short here with 42 as SL or long on breakout. Mentioned about SHOP breakout when it was back at 34 2 day ago. Link is attached below for that post. UP 18% in 2 days. Calls are up 700% on original trade and rolled it up several times which are up 500% too. Lets see if we can get another one of such trades here.
NYSE:SHOP
by savage_Trader
Shopify Sale? Shopify Short Term We look to Sell at 38.34 (stop at 41.99) Trades with a bearish descending triangle formation. The medium term bias remains bearish. There is no indication that the selloff is coming to an end. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies. Our profit targets will be 29.94 and 24.29 Resistance: 39.50 / 74.75 / 89.30 Support: 29.85 / 13.20 / 4.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:SHOPShort
by Saxo
Down from over $1000 to $300 (SHOP)Shopify Short Term We look to Sell at 329.01 (stop at 369.57) Prices are extending lower from the bearish flag/pennant formation. The medium term bias remains bearish. There is no indication that the selloff is coming to an end. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 161.97 and 119.18 Resistance: 330.00 / 405.00 / 1042.00 Support: 196.54 / 133.43 / 100.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:SHOPShort
by Saxo
SHOPIFY - Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. WEEKLY: Left Chart SHOP is approaching a demand zone so we will be looking for buy setups on lower timeframes. H4: Right Chart SHOP is forming a channel in red but it is not valid yet. So we will be waiting for a third swing to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that third swing high to form then buy after a momentum candle close above it. (gray area) Meanwhile, until the buy is activated, SHOP can still trade lower inside the demand or even breaks it downward. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NYSE:SHOPLong
by TheSignalyst
2
SHOPing for holders - until $150WHY I'M STILL BEARISH Shopify still trading at 85x earnings - hugely overvalued Next support 50% away at $150 Stick model (white dotted lines) yet to be crossed to the upside, with air below Approaching recent lows from May 13 of $306, lower highs not yet in RSI still showing weakness in red bear-zone and further sell side possible going into June Moving average still shows very much in bear market, and a lot of time must pass before it can reset and reclaim to be in a bull market Insufficient history of corrections and therefore bottom of channel unlikely to provide support REASONS TO BE BULLISH Just had a 10% drawdown in a day and huge sales already Decent uplift in volume of late, although still expecting more in a capitulation event At bottom of exponential channel, typically in the buy-zone in market corrections Eventually a countermove will come, but that may not be forthcoming for another month or two SUMMARY Overall I would steer clear from this shipwreck. I had been expecting a bounce of late for Shopify but until this stock breaks the white dotted stick-model and betters it's recent volume, it's best to remain on the sidelines. I would say that shorting from here is high-risk, low-reward. There isn't enough history, with SHOP being listed well clear of the GFC to rely-upon it holding the purple channel. That said, still expecting a further 50% capitulation from these levels.
NYSE:SHOPShort
by DigiDavid
No Bearish VolumeShort & simple. No, I'm not your bitcoin support group leader. Yes you could be buying at these levels & even at 20K but that's none of my business. What I noticed since looking at the Monthly BTC Chart is that there is no bearish volume to cause real fear. Again, I've been doing this since BTC $800 so BTC 10K doesn't bother me either. Make your own choice but adoption happens during Bitcoin "Bear" markets & we've seen adoption from a few countries around the world. Zoom out & have a nice Memorial Day Weekend.
BITSTAMP:BTCUSDLong
by CryptoQue