Get started
Shopify Inc.Shopify Inc.Shopify Inc.

Shopify Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

SHOP trade ideas

SHOP LongHello Fellow Traders. A month back I posted the falling wedge and SHOP has rallied back up and now its ready after a few rejections out of the Daily Supply Zone to push toward the 0.382 Fib level. First level will be 1110. It will need to form a pattern above in order to push higher for a retest of all time highs and the top of the Supply zone. I also believe it will run with $AMZN prime day it will be a nice sympathy play. Please leave me any feedback you may have! Twitter - @gxouls
NYSE:SHOPLong
by gomeza171
1
Entering Wave 5 for SHOP -Possible huge run to new highsTony's Picks I have recently started analyzing charts and have come across this interesting idea. It looks like $SHOP is about to enter wave 5 via the black line on the daily chart. The blue line trend inside the black waves supports trendy behavior through the Elliot wave theory. The counter trend from the blue line may be over or ending soon. Then wave 5 will begin. With eCommerce surging and $SHOP at the forefront, strong growth and solid holiday numbers could propel $SHOP to new heights. Curious to thoughts and comments. Thank you.
NYSE:SHOPLong
by TonyPicks
5
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