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SHOPIFY INCSHOPIFY INCSHOPIFY INC

SHOPIFY INC

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SHOP/N trade ideas

Day 4 -30 Days to 100kMonday Pre-Market is looking very good. Tech sector seems to be roaring, a lot of action in the EV Market with California announcing a ban on gas vehicles by 2035. But on this channel we are looking for Options trades to make us quick gains. Friday we left off with a Chart of EHTH, rarely will I ever advise or suggest opening an Options position on a Friday, but with nice profit over the past few days I did purchase the monthly 10/16 Call option for 2.80 (4 in total). This is a riskier play and am trying to suggest charts where I see the most gains with less risk to downside. Here with Shopify we have been trading with a channel for some time now. And I do see a break-out coming with this mornings Pre-Market actions. With prices rising above the 200-Day Moving average. We will take a closer look at what we are going to play today. But right now I'm looking at SHOP, FB, GOOGL, AMZN and PYPL. Some we have already played, but if you find a pattern in a winner it can be very profitable. I will put out another chart closer to market open and what Day 4's play will be.
NYSE:SHOPLong
by mrjr091987
2
$SHOP About to Skyrocket Shopify has been hard climbing the stock´s price ladder for the past two years. Ever since COVID´s crisis, $SHOP´s price multiplied by 4, amazing return for half a year. The tech sector pullback on the past weeks has affected Shopify making its price lateralize. But, standing on a support and with great indicators, I think this stock is about to skyrocket. The MACD line is about to cross the Signal line below the 0 level, god tier Long-Signal. On top of this, the RSI has been increasing consistently and its now about to break the 50lvl, indicating the stock is adquiring strength and momentum.
NYSE:SHOPLong
by gmana