$SHOP if Amazon can do it...Why not Shopify? Great day today, but why not give us one more blow off the top day?...by UnknownUnicorn3924154112
$SHOP as planned great move started...Would love to see follow through tomorrow, but not going to get greedy. Would love one more push through today's high, we'll see...by UnknownUnicorn39241542
SHOP break a resistance level with Volume$SHOP (Shopify Inc.) in a 1H chart, broke a resistance level with significant volume confirmation. Target Price: 1450 Expected Returns: 20%Longby MoeMauney2
Looks like big correction looming hereThe immediate pullback following new highs after such an epic run looks to the downside. Next important support at 850. Shortby MysteriousPersianUpdated 772
$SHOP 4 days of consolidation...Low volume, holding steady, looking for a increase in volume to push this thing back over $1,200...by UnknownUnicorn39241540
$SHOP give me $1,200 tomorrow...Doubt it will happen, also extremely dependent on the market but...if we stay green this weekby UnknownUnicorn3924154Updated 0
$SHOP example play...Next week $1,250-$1,350 call spread, took one at $655 earlier, but could still get for $820. Risky on total position size. Hedge with some SPY or QQQ puts end of week if we don't keep this movement going...maybe just 2 SPY $405's for tomorrow could cover if we open down. by UnknownUnicorn3924154111
$SHOP liking this if we keep going...$SHOP hasn't participated enough, if we stay green this week, shop could go hard by UnknownUnicorn39241540
SHOP - Swing Trading (Gaps)Expecting SHOP to fill the recent gap at $1,120. In this case, entry for long position could be at that price, or slightly below it. Fundamental wise, SHOP has a strong balance sheet as of December 31, 2020. Earnings should remain stable going forward. Even if COVID is gone, people will continue to enjoy shopping online from the comfort of using their smart devices. During FY2020, the Company completed two seasoned equity offerings. Majority, if not all, of proceeds raised remained in cash or were allocated to buying marketable securities (mainly federal bonds). This brings in the question of what management could do with the funds. In spite of this, there is always an old saying of "cash is king".Longby DojiEmoji4
SHOPIFY potential dip buy (37%)After several days of consolidation SHOP printed a bullish reversal candle Potential reversal to reach previous all time high with 37% uptrend Stop loss below lower wick candle Good luck and thanks for your likesLongby roosgartUpdated 0
WHO COULD HAVE FORESEEN THE BEAR FLAGWell, I did. I closed my long when it didnt break out and went short. This name is in a supply zone. It may be prudent to watch another bounce here and set a buy on shares at the support below, Shopify is going nowhere regardless of COVID. Limit order on shares set. Speculative put credit 1000/1050 4/16 @17.7. This will be closed if this flushes below 1050 on strength. Longby AlphaJi222
Uptrend We see #SHOP at the bottom of the channel trade and we just began an uptrend channel. Using the Fibonacci retracement, we can see the support and resistance line that can end two different take profits. Will also add that ER is May 04 and #SHOP will starts exploding two weeks earlier. PT 1 : 1200 USD PT 2 : 1280 - 1300 USD DAYS BEFORE ER, #SHOP SHOULD BE AT ALL TIME HIGH PRICE.Longby Hozzeini119
SHOP/Shopify Shopify chart usually tends to be in a neutral range for a while, it has been breaking the trend upward, If it wont be a fake breakout, it will rise, which I have two profit points for that and don't forget to manage your trade.Longby AmirGhadiri552
$SHOP 30 day sma vs the volume shelf...Where do we end this week? $1,250 or $1,020, we'll be moving soon...by UnknownUnicorn39241540
Areas of Supports and Resistance for $SHOPBullish long term for this company. I see it as next AMZN for online shopping. I see a big shift in influencers and other small businesses using Shopify instead of Amazon for their products. Longby Shaggyyyz0
Time to go shopping with Shopify? $1100 critical buy zone RBS(resistance base support) zone price action with Shopify this price target has been a high area of interest for traders around $1100 a share dating back to late oct 2020 two previous failure attempts in January to go lower this could be a great buying opportunity Longby raidenfx4