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SHOPIFY INC CEDEAR EACH 107 REPR 1 COMSHOPIFY INC CEDEAR EACH 107 REPR 1 COMSHOPIFY INC CEDEAR EACH 107 REPR 1 COM

SHOPIFY INC CEDEAR EACH 107 REPR 1 COM

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SHOP trade ideas

SHOPIFY'S FUTURE - Where Shopify (TSX:SHOP) Stock Could Be....3K Could Be The Future Of SHOPIFY (TSX:SHOP) In 2 to 3 Years. Evidently, there will be a little correction to the south --> say 1062.6 (Good case) or 800 zone (Worst case scenario) and then ''SHOP'' will head northPole direction from there. Nothing left to say because my chart says it all :) bottom line? = BULLISH all the way! This is my ''PPP" (personal professional prophecy) on ''SHOP'' - Please do your own due diligence / research prior to making a buying/selling decision. All the best!
NYSE:SHOPLong
by DR.
Shopify $SHOP nearing pivot pointThe e-commerce giant is been behaving very well since its first breakout from the $1,290 resistance. Now is working its way to make a new ATH with higher lows and respecting its $1,500 support. To confirm the buy zone between $1,650 and $1,730, the MACD is making a buy signal with a bullish crossover. Also the relative strength of NYSE:SHOP against AMEX:ARKF is really good, it needs to breakout from the peanant patern it formed to be even better. I'd like to add that the IBD RS rating is 83, that means that its performance is in the top 83% of all stocks over the past year. So, there are two ways to play this. One would be just to wait for the breakout from the $1,650 resistance or, to buy 1/2 of the position today and add the rest when that breakout happens. The bad thing for the second approach is that the buying volume for today is not that great. So, I'll wait for the closing price to see if its really worth to be agressive.
NYSE:SHOPLong
by dpuleo19