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Shopify

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
SHOPIFY Bottom PotentialAn upward channel can be drawn from a strong trend line point on SHOPIFY It provides a chart like this, showing a clear top, and also a potential bottom that aligns with the 4.618 fib An attempted support can be seen to have formed at 2.618 (yellow) This leaves 4.618 as a bottom point, which has also been seen as a bottom in the past (green) Two bullish chart patterns can be seen on chart along with one bearish Ascending and Descending wedge both acting bullishly Followed by a Double top, considered a bearish pattern
NYSE:SHOP
by Bixley
2
SHOPIFY-SHORT TERM BULLISH SCENARIOQ1 miss and forecast for a lower revenue growth led to new selloffs and a 15% day drop for Shopify. The Canadian company lost more than 80 % from its peak in November 2021. $300 is a key level for Shopify if a breakout occurs drop to $180 will be inevitable. On the other hand, the $300 level may be a good positioning opportunity for a short-term bullish scenario to the $ 400 resistance. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:SHOPLong
by legacyFXofficial
SHOP, At What Prices May This MAJOR Correction End?How far SHOP can go down? There will be a bounce ? If yes at what possible prices? We accurately predicted the stock path several weeks ago by means of Elliott waves and called for a Big Shor t at ATH ! What is next? Currently SHOP is in a MAJOR correction. SHOPIFY completed a primary degree wave cycle which was started at 18.48 USD on Jan 2016 at its ATH (1762.92). This wave cycle lasted for 6 years and showed 95 times growth from the very bottom to the very top. Since then , Stock started a correction to that cycle which is primary degree wave 2 . This is really a sharp decline. As shown on the chart It is now reaching to 50 % Retracement of primary wave 1 at 890 USD. Possible labels in correcting patterns are shown on the chart. It is not know at this time which labels ( e.g 1 or A ) is a true one. We have to wait for correction waves to unfold in order to decide between them. Can it go further down even lower than 50 % Retracement? Of course it can ! I am afraid to say that Unfortunately most possible Retracement for large degree wave 2s is 0.786 level . If this happens SHOPIFY may see unbelievable 391 USD at the end of correction. For now lets hope for higher Fibonacci levels e.g 0.618 Golden Ratio at 684 USD. Although It is possible for the correction to end at all shown Fibonacci levels , I tried to give them a probability ( As I see) by means of thickness of arrows with narrowest to be least probable and thickest to be the most. Good news for long term investor and holders is next long term bull run which is primary wave 3 will push the price up to above 3000 USD ! We keep it in watch and go shopping in appropriate time ! Lets follow !
NYSE:SHOP
by SaeedSajedi
8
Shopify (NYSE: $SHOP): Insane 77%+ Pull Back In Effect!⚡Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.
NYSE:SHOPLong
by Bullishcharts
4
SHOP Earnings Miss | Slowest Revenue Growth in Seven YearsIf you haven`t sold SHOP at $945: Then you should know that Shopify said adjusted earnings for Q1 came in at 20 cents per share per share VS a profit of $2.01 per share over the same period last year and VS a consensus forecast of 77 cents per share. Gross merchandise volumes rose 16% to $43.2 billion VS Street forecasts of a $45.4 billion. The stock is closer to our $350-400 buy range now. Looking forward to read your opinion about it.
NYSE:SHOPShort
by TopgOptions
2
SHOP: BOUNCE ZONESHOP (Shopify) has dropped 70% since November 2021. Yes we can drop more. However I like the risk reward ratio here as the price is now sitting on a trend line (in green) connecting the lows of Nov 2019, March 2020 and March 2022. The weekly RSI is slightly oversold and we're starting to see a bullish divergence . Bonds are bouncing already, which could support a bounce in growth stocks . I'm a buyer at this level for a possible bounce to 640. I can cut my position quickly and without too much damage if I'm wrong. If we drop more, the next levels are between 437 and 413... Trade safe.
NYSE:SHOPLong
by Elpidaldo
2
Was the SHOP sell-off predictable?Of course it was! It reached both of my price targets: And now i think it will go even lower. My experience as a seller on 2 Shopify stores was terrible in the past 4 months. I had a decrease in sales of more than 60%. My friends with on-line store had the same experience. So if the merchants don`t make money, neither do Shopify. It`s hard to believe they will come up with a good quarter. My buy area is lower than $400. Looking forward to read your opinion about it.
NYSE:SHOPShort
by TopgOptions
2
Absolutely Wild Sell Off For Shopify (NYSE: $SHOP)! 🛍️Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.
NYSE:SHOPLong
by RedHotStocks
1
SHOP (1D) - Dead Cat bounce coming ? Hi Traders, its alredy some time since my previous Bearish analysis for Fintech and high Growth companies. Seems like we got first impulse on 1D chart. RSI is positively COnverging. What could mean a retrace after huge DIP for many stocks around (MINUS) 50 to 90% from ATH. Yes, this will be probably quick / sharp retrace, most of the retail will get in too late just on top of Wave B. Be prepared and always use stop-loss. Stay safe (sane) and enjoy the ride ;) Previous idea for SHOPIFY
NYSE:SHOPLong
by Longevity_Contrarian
5
SHOPIFY - BULLISH SCENARIOShopify Inc. is preparing for a test of the first major resistance level located at $710. Successful breakout will push the price to the 2nd resistance at $800. On the other hand, if the attempt is not successful, we may witness a retest of the $520 support. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:SHOPLong
by legacyFXofficial