Weekly 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
Shopify 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
Shopify forming a stage 1 IH&S reversal. reversal pattern base right under 200MA give stronger conviction
Shopify (SHOP): Long above 545.6 for targets of 571.6 with a strict stop-loss at 542 for educational purposes only.
SHOP 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 1080
Key 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.
Shopify (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...