$SHOP will break out shortly! Shopify is dtuck under it's arc for a while now, Ones it breaks it will gravitade to the next one. Good Symmetry.
0.00 USD
1.79 B USD
7.89 B USD
About Shopify Inc.
Sector
CEO
Tobias Albin Lütke
Website
Headquarters
Ottawa
Founded
2004
ISIN
ARBCOM460341
Shopify, Inc. engages in the cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar, and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada.
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Bullish Opportunity with Strong Technical Signals
Targets:
- T1 = $110.00
- T2 = $117.00
Stop Levels:
- S1 = $104.00
- S2 = $102.00
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The w
Trading box for SHOPThesis : the operating performance of SHOP's business is positive and it provides an optimistic outlook.
How to trade it: at this juncture the stock seems poised to go higher, therefore I will setup a trading box to confirm or deny the thesis.
Sell if it drops below 77
Buy if it breaks the
Shopify's Technical Setup Signals Potential Upside Opportunity
Current Price: $105.34
Direction: LONG
Targets:
- T1 = $108.50
- T2 = $111.90
Stop Levels:
- S1 = $104.00
- S2 = $102.10
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to
Shopify Escapes Tight ConsolidationShopify has been trapped in a tight range, but now the e-commerce stock may be breaking out.
The first pattern on today’s chart is the falling trendline since May 14 (based on closing prices). SHOP ended Friday above it, which may draw fence-sitters from the sidelines.
Second is the April high of
Shopify has been trending steadily since 2022 Q4NASDAQ:SHOP is strongly in a steady uptrend since Oct 2022. Despite some strong correction in Feb 2025, the correction ended in a 3-wave manner before resuming its upside. We believe that the upside is likley to continue as the ascending triangle is strong.
Furthermore, the long and short-term mo
SHOP - Weekly - Future Looks PromisingShopify (SHOP) appears to be on a strong upward trajectory, technically positioned within a sustained monthly channel that suggests continued appreciation. This outlook is bolstered by consistent revenue growth since 2020 and a robust recovery from its 2022 net income deficit, with the company demon
SHOP Long trade ideaSpotted a strong reaction on Shopify as price tapped a key support level and bounced impulsively to the upside, even leaving a gap, solid confluences that point toward potential continuation.
What adds weight to this setup is that the price has reclaimed the 10 EMA, which typically signals momentum
Quick View: $SHOP(daily) EMA21 is testing a previous high
(weekly), good action above the ema 50
Watching $112 as key resistance.
Support → $88/$68
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.