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Shopifylong

Shopify ain't done yet! Pullback then Higher, 50% Move Inbound! Shopify ain't done yet! Pullback then Higher, 50% Move Inbound! NYSE:SHOP is going higher and presenting a buying opportunity! 50% Potential Upside! 📈 In this video, we dive into NYSE:SHOP , an Ecommerce powerhouse, currently breaking out of a Multi-Year Cup n Handle Pattern! 💡 Key Highlights: -H5 Indicator: Flashing green for a bullish signal -Flipping a 4-year resistance area to support -Volume Insights: Massive GAP to fill -Technical Analysis: Consolidation box formed on WR% Targets: 🎯$110 🎯$121 📏$160 🎯$180 Don't miss out on the potential explosive growth of Shopify! Tune in to see why this stock could be a game-changer! NFA
NYSE:SHOPLong
by RonnieV29
SHOPIFY (SHOP) Explosive Breakout Rally with Earnings Boost!The Shopify (SHOP) weekly timeframe chart showcases a massive breakout, driven by exceptional Q3 earnings performance. The stock has successfully hit Target 2 (TP2 at $109.30), with the remaining targets TP3 ($132.50) and TP4 ($146.84) in sight. SHOPIFY (SHOP) Stock Key Technical Highlights: Clear Entry at $71.76 : The bullish momentum initiated a long trade setup, confirmed by the breakout above critical levels. Earnings Power-Up : Shopify's Q3 revenue surged 26% year-over-year, reaching $2.16 billion, and net income hit $828 million. This exceptional growth propelled the stock price up 22% to $109.81 post-earnings release, further cementing the breakout rally. Dynamic Moving Averages : The RISOLOGICAL Lines (all GREEN lines) beautifully supports the rally, reflecting strong upward momentum. SHOPIFY Trade Analysis: Risk-Reward Balance: The stop-loss (SL) placed at $60.16 offers an optimized risk management strategy. Profit Potential: With TP2 already achieved, the path toward TP3 ($132.50) and TP4 ($146.84) looks promising, driven by positive market sentiment and strong fundamentals. Final Words: Shopify's post-earnings rally demonstrates a perfect confluence of technical and fundamental strength. Keep a close eye on volume and momentum as the next targets approach!
NYSE:SHOPLong
by ProfitsNinja
LIKE I SAID: SHOPIFY WAS THE NEXT RETAIL STOCK TO FLY📢 Before all the BIG accounts start swarming all over NYSE:SHOP like flies on 💩, remember this call in the chaos! 🤪 Catalyst: Big earnings beat prediction based on NASDAQ:AAPL and NASDAQ:AMZN results and a strong consumer outlook. Trade Setup: Entry, Stop Loss, Price Targets. Next Retail Stock: Prediction on the next big retail stock to fly. #HIGHFIVESETUP: My proven trading strategy. Valuation: Detailed analysis based on my valuation analyzer. Let's continue to crush it together in this amazing community! I appreciate you all! ♥️
NYSE:SHOPLong
by RonnieV29
2
SHOPIFY: The next Retail Stock to Take Flight! NYSE:SHOP 🚀 SHOPIFY: The Next Retail Stock to Take Flight! 100% MOVE INBOUND! 🚀 Share this so all retail investors are prepared before earnings next Tuesday! In this video, we’ll cover: 1️⃣ Fundamental Analysis: A deep dive into Shopify using my Valuation Analyzer. 2️⃣ Massive 3-Year Cup N Handle Pattern: What this means for $SHOP. 3️⃣ High Five Setup: How Shopify meets my proven trading strategy. You’ve seen NYSE:PLTR at ATHs, and NASDAQ:SOFI , NYSE:HIMS , and NASDAQ:TSLA pushing higher. We’re already in these trades, but staying ahead of the curve and finding the next big opportunity is key. Shopify is that next big opportunity IMO. We’re among the first to the party, and it’s not crowded… YET. My Mission: I aim to build a community that empowers traders to find their path and thrive. But I need your help to make this happen. Here’s What You Can Do: Share this post and the FREE video analysis I’ll release after the market closes on this company like wildfire. Let’s hit 1k friends and grow this community together! BUCKLE UP! IT'S A BANGER! 🎆 LIKE IT! ♥️ SHARE IT! 🔁 JOIN US! 📈 BOOKMARK IT! You are amazing, and I love you all! 🫶
NYSE:SHOPLong
by RonnieV29
9
SHOP range bound with potential for Bullish continuationHi guys so this is a Macro analysis on Shopify (SHOP). Recent weeks of price action have got my eyes on SHOP. Lets jump right in. This analysis is done on the 1 week timeframe thus supporting a Macro lens look on whats happening. As you can see, ive highlighted key area with an Orange rectangle. Below it, you can see candles attempting to get into it and getting rejected few times. However since Nov 2023 till present time, we've been inside the Orange rectangle. Recently, we've made it to the bottom of the Rectangle to test it as SUPPORT. We had about 3 weeks of Testing. With this weeks Candle printing a potential Large lower wicked Hammer candle. This can be an indication of a attempt to reverse our downtrend from $90ish. At the same time, we have Support confluence of this Ascending Channel. And our current candle attempting to break Resistance trendline that formed since Feb and local top of $90. Remember though a breakout above Resistance trendline is not enough. We would need confirmation of it acting as support. On top of that, at the posting of this idea. Our weekly candle has yet to close. Maintaining price Above 73.50 would be key. And to keep in mind that there is also Resistance Above $74.00 If things progress look to where the Upper trendline of Ascending Channel and the Upper border of Rectangle meet to potential target. Also keep an eye for updates on further signs/ clues to take into consideration to help us make informed decisions! __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on SHOP in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NYSE:SHOPLong
by SafofAllTrades
10
Navigating the Melody of Shopify: A Symphony of Bullish ProspectAs e-commerce continues to shape the retail landscape, Shopify (NYSE: NYSE:SHOP ) emerges as a key player, catching the attention of investors with a crescendo of positive indicators and cautious notes. Let's delve into the harmonious symphony that surrounds Shopify's recent performance. 1. A Harmonious Prelude: Bullish Analyst Report The stage is set with Wells Fargo analyst Andrew Bauch reaffirming an overweight rating on Shopify, echoing confidence in the company's growth potential. Bauch's upward revision of the price target from $80 to $90 per share suggests a bullish outlook, inviting investors to join the melody of optimism. 2. Crescendo of Holiday Cheer: Stellar Performance in Shopping Season The sound of success resonates as Shopify's stock experiences a 67% surge in the last three months, fueled by a robust holiday shopping season. The company's impressive $9.3 billion in Black Friday/Cyber Monday sales strikes a chord, providing a strong prelude to what investors hope will be a resounding fourth-quarter report. 3. Anticipation Builds: Overture to the Earnings Report The anticipation crescendos as investors eagerly await Shopify's fourth-quarter report scheduled for February 13. The positive momentum from the holiday season sets the stage for potential revelations about the company's financial health and growth trajectory. The earnings report promises to be a defining movement in the Shopify symphony. 4. Technical Dynamics: A Rising Trend Channel The technical score unveils a rising trend channel in the medium to long term, a melody of positive investor sentiment and confidence. However, the cautionary notes underscore the importance of monitoring the support level at $79.52, introducing a nuanced counterpoint to the upbeat tune. Conclusion: As the symphony of Shopify plays on, investors find themselves at a crossroads, balancing the uplifting melodies of positive indicators with the sobering cautionary notes. The upcoming earnings report is poised to be a pivotal movement, shaping the narrative of Shopify's journey. In this complex composition, finding harmony involves staying attuned to both the highs and lows, navigating the melody with a discerning ear, and appreciating the nuanced dynamics that contribute to the overall performance of this e-commerce virtuoso.
NYSE:SHOPLong
by DEXWireNews
Shopify Merchants Drive Record-High $9.3 Billion in Black FridayShopify Inc. (NYSE: SHOP), a provider of essential internet infrastructure for commerce, announced today that Shopify merchants reached a record $9.3 billion in sales* over Black Friday Cyber Monday (BFCM) weekend - a 24% increase from last year. From early Friday in New Zealand to late Monday in California, more than 61 million consumers globally purchased from brands powered by Shopify. Shopping peaked when collective sales reached $4.2 million per minute at 12:01 p.m. EST on Black Friday. BFCM highlights from Shopify merchants 1. Peak sales per minute: $4.2 million at 12:01 PM EST on Nov. 24. 2. 61 million consumers globally purchased from Shopify-powered brands. 3. Hottest product categories: apparel and accessories, health and beauty, and home and garden. 4. Average cart price: $108.12 ($107.53 on a constant currency basis). 5. Top selling countries: U.S., U.K., Australia, Canada, and Germany. 6. Top selling cities: Los Angeles, New York, and London. 7. Cross-border orders represented 15% of all global orders. 8. 56,000+ tonnes of carbon removal funded by Shopify to counteract shipping emissions. Technical Analysist Price Momentum SHOP is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NYSE:SHOPLong
by DEXWireNews
Why I'm Going Long on ShopifyOn the weekly timeframe for NYSE:SHOP , I noticed four things immediately: - A candle close above the bullish flag forming, indicator bullish momentum. - NYSE:SHOP recently created swing highs at $53.70 and then broke it and bounced perfectly off of it showing that $53.70 is a KEY level. - When price bounced off of $53.70, it was also at the 5 SMA, adding more confluence to my trade - Lastly, I saw a divergence on the volume indicator, which is always a good sign of confluence for my trades. Given these four reasons, I am bullish on NYSE:SHOP as of now. Stop Loss / Take Profits Stop loss: The stop loss of this trade is set at $55.42, which is the most recent low. Take Profits: All of these take profits are set at levels that I felt were phycological levels. My plan would be to scale out half of my position at TP1, 1/2 of the remaining position at TP2, and fully out at TP3 If TP3 is hit, this will be a 1:1.44 R:R trade. Let me know what you think of this trade!
NYSE:SHOPLong
by fluxchart
3
$SHOP to move higher targeting $75, $100?NYSE:SHOP broke out of a 8.5 month inverse head and shoulders pattern back in January, then went back to test the breakout level as support and has now turned higher again. The first target for the breakout of this pattern would be $63.89, however, after we hit that target, I think we'll see a continuation of the trend higher and get to HKEX:75 level. And if it can flip the HKEX:75 level as resistance, I think it can get all the way back to $100. I do think $100 would be the top though as it would confirm resistance from the area it broke down from. Let's see what happens over the next 2 months.
NYSE:SHOPLong
by benjihyam
SHOP Inverse H&S Pattern and TargetInverse H&S pattern developed here. The price might shoot up another 48% from here to 72.85 level. The same pattern can be observed on several other stocks. Of course if price falls below 35.50, this idea will be invalidated. However, looking at the structure of the overall market, it seems likely that the price will keep rising higher in the coming days at least and this target can be achieved easily. A clear break out can also be seen from the neck level.
NYSE:SHOPLong
by angela_altair
SHOP Long as inverse H&S pattern and market structure in favorInverse H&S pattern developed here. The price might shoot up another 48% from here to 72.85 level. The same pattern can be observed on several other stocks. Of course if price falls below 35.50, this idea will be invalidated. However, looking at the structure of the overall market, it seems likely that the price will keep rising higher in the coming days at least and this target can be achieved easily. A clear break out can also be seen from the neck level.
NYSE:SHOPLong
by nawab36085
Shopping for profitShopify Short Term We look to Buy at 30.49 (stop at 28.39) Previous support located at 30.00. There is scope for mild selling at the open but losses should be limited. We look for a temporary move higher. Preferred trade is to buy on dips. Our profit targets will be 39.51 and 42.30 Resistance: 40.00 / 51.12 / 70.29 Support: 30.02 / 29.72 / 16.90 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
2
$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
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