Shopify SwingWeekly is in the demand zone.
Daily is also in a demand zone.
Also, 4hr in bullish structure.
It is ready to fly to the upside
SHOP trade ideas
Shopify long trade planShopify long trade plan
Option-1 (Aggressive):
EP: 48.69 to current
TP: 53.59 and ride further with Trailing SL
Option-2 (wait for breakout):
EP: 57.09
TP: 74.85
SL: 46.20
$SHOPShopify forming a stage 1 IH&S reversal. reversal pattern base right under 200MA give stronger conviction
SHOP: Long above 545.6 571.6 542Shopify (SHOP): Long above 545.6 for targets of 571.6 with a strict stop-loss at 542
for educational purposes only.
SHOP pole and flag pattern breakout BuySHOP has made a pole and flag pattern and it breakout above 1519. SL 1505. And target 1560 atleast.
fresh breakout - shopify - 1131 -- can inch higher if holds 1080fresh breakout - shopify - 1131 -- can inch higher if holds 1080
SHOPIFY KEY LEVELS SUPPORT AND RESISTANCE 04/06/2020Key Levels for SHOPIFY INC NYSE for INTRADAY TRADING are :
Upper Breakout~363.50
First Target~370.30
Interim Resistance~378
Final Resistance~384.80
**Lower Levels**
Lower Breakout~351.55
First Target~345.60
Interim Support~339.60
Final Support~334.80
Please trade with caution and consult your financial adviser before trading.
uptrend in a rangeShopify (SHOP) will be one of the biggest winners in the space, as it provides an ecommerce platform to retailers and individuals who are selling their products online. The company currently powers more than 377,500 businesses in about 175 countries, and some of its customers include Tesla (TSLA), General Electric (GE) and Nestle.
SHOP has come close to doubling its annual revenue each year since 2013 — a truly remarkable feat — and I think that growth only continues from here.
