SHOP, Short, 2h✅ SHOP has rejected a strong resistance three times, confirming selling pressure at this level. The price is expected to move lower toward a key support zone.
SHORT 🔥
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SHOP/N trade ideas
Shopify possible C&H breakoutPossible Cup and Handle breakout. If the move confirms above 113 we could see some a nice move
Shopify - Reasons to add to my portfolio Nothing better than a bear market if you wanna make life changing profit.
I have been following Shopify since May 2021. Clarified where I will begin to buy.
40CAD and 23CAD were 2 of them.
Went long at 40 and will add at 23 if it keeps dropping.
40 was 2019 support
23 is 2018 resistance
My target is between 100-150
I am a long term investor and has alot of patience. Therefore, short time moves dont interest me.
In time, I created my own ETF by adding stocks which came to my point of interest and very happy with it.
Some are in profit some are not for now. My focus is total profit and will always be.
None of my comments are investment advise and are for my personal journal.
Way oversold, not too late to enter! TSX:SHOP is looking excellent for further upside. As inflation continues to drop, expectations for rising rates will also continue to drop. This is bullish for high growth stocks like SHOP. We are now above a key level (200 Day SMA), which often is the beginning of a technical bull market. Although I started my position a month ago, this stock is still tremendously oversold on the longer term charts and still has a lot of long-term potential for growth. I believe it's one of the most unfairly treated stocks this year by far on the TSX. The risk/reward looks favourable over the coming weeks and months, and the downside risk is now much lower than when inflation was continuing to climb every month.
Shopify breakout long!Shopify looks like it is breaking out of a long-term base, this is the price action from the TSX, slightly different on the U.S. side. Moved above the 30 week average on very high volume today.
good signal in SHOP marketwe have good signal idicate that the market is long but we still dont have good confirmation well wait and see what happen next
Shopify... Fill Your Cart ??Short term trade suggestion on Shopify (SHOP) on the TSX Exchange.
Confluence of a Harmonic pattern and a Pitchfork (secondary bounce off of the outer channel.)
Nasdaq showing signs of a short term bottom. This is key !
$410 -$414 would be my preferred entry level on a point D retest.
Don't be greedy. Use a tight stop.
Do your own due diligence and respect overall market sentiment.
S.
Up Trend for shopifySentiment : Netural
Trend : mixed
Fundament : strong
Opinion : positive
Trend line breaks out
High volume activity
Bullish harami chart patern
Next target : 1100 $
Stop loss : 798
Shopify - CAD - Crucial ResistanceShopify - CAD
In Crucial Resistance
Should trade above 707 on a daily timeframe
can expect a short-term target of 10% up move.
Bullish on shopifyI think shopify will retest 2200 soon.
Looks to have broken falling wedge and retested the support line along with the 200 ma.
I think were going up from here.
I am long on SHOP.
DYOR.
SHOPIFY : CMP 1764SHOPIFY trading may be in correction for next two months...new position can only be create above 1810 with Target 2200 sl 1680...
Maybe Stock will be in correction till Dec- jan
SHOP is highly undervalued at this pointShop just hit its long term support and has similar RSI levels as March 2020 (Covid flash crash). IMO SHOP is highly undervalued and has been consolidating around the 17000-1900 range. Next leg up should take it to $3000 and then finally the 5th wave could propel us to around $4200 in the next 6 months. Going long with full force. Not financial advice!
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Shopify about to hit long term supportShopify about to hit it's long term support. Longing at CAD$1650, Sell at CAD$1970
Shopify Hoping shop breaks bullish.
Great e commerce stock.
Tread carefully as the chinese news a long with market conditions can make it go down.
I do think the market needs a correction.
Pennant on shop, i think it will continue to consolidate before breaking.
Shop again to go upWe see that the trend was already going up. But on July 26, trade fell a bit. The market has now decided to go up by force and overtake the line
time to buy
Short term rise coming upWilliams indicates oversold. There is still some room for movement upwards. This could be an opportunity for a quick one week turnaround for profit
Short term rise coming upWilliams indicate oversold. There is still room to movement upwards. Buy now for a quick one week turnaround profit
Short term rise coming upThere is still some short term movement to the upside. Williams is at oversold position and if you want to pick up a quick profit. This is the time. Short term hold only
Long position in SHOPshop looks good here for a long term entry.
Consolidating for a while so i think it will move up soon. Took a dip off good earnings but i except the money and volume to come back soon
Needs to break 1.4k for confirmation of bullish activity.
Rsi and 20 ma hint at a possible reversal.
A great e commerce pick for the future.
