Shopify - Bears will get wrecked!☎️Shopify ( NASDAQ:SHOP ) will soon break out:
🔎Analysis summary:
In 2021, Shopify created the previous all time high which was followed by a drop of more than -80%. But over the course of the past couple of years, Shopify managed to regain most of its strength. Therefore an all time high bre
0.015 USD
1.79 B USD
7.89 B USD
About Shopify Inc.
Sector
CEO
Tobias Albin Lütke
Website
Headquarters
Ottawa
Founded
2004
ISIN
ARBCOM460341
Shopify, Inc. is a global commerce company that provides essential internet infrastructure for commerce, offering trusted tools to start, scale, market, and run a retail business of any size. The Company's software enables merchants to run their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts and marketplaces. The Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting and access financing, all from one integrated back office. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada.
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SHOP has one more seller to BuyHello I am the Cafe Trader.
Today we are going to be looking at Shopify, Thanks to a request from a follower.
Couple things to note here. This is a Massive range for a decent stock.
With a bottom of 23.61, and a high of 176.34 some may wonder if we might see some more downside before testing the
SHOP Bulls Are Back!
**SHOP Bulls Are Back! \$128 Calls Flash 80% Confidence Ahead of Earnings 🚀**
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### 📋 **Post Body (TradingView Viral Format):**
**SHOP Weekly Options Alert — Aug 8 Expiry 💥**
📈 **Momentum Check:**
* RSI (Daily/Weekly): 🔼 Rising
* Call/Put Ratio: **1.35** (Bullish)
* Volume: Confirmed Institu
Shopify (SHOP) – Powering the Next Wave of Global E-CommerceCompany Snapshot:
Shopify NASDAQ:SHOP continues to dominate as a leading commerce infrastructure provider, backed by record merchant adoption, a recurring revenue engine, and cutting-edge AI integration that enhances merchant capabilities.
Key Catalysts:
AI-Powered Ecosystem 🤖
From automated co
Trade Setup: Long on SHOP!📊
🕒 Timeframe:
30-minute chart
📍 Technical Overview:
Falling wedge breakout detected ✅
Support zone: $111.50–$112 (held well)
Breakout confirmation near $113
Target zones:
TP1 🎯: $116.48 (green resistance)
TP2 🎯: $118.25 (major resistance)
🔐 Risk Management:
Stop loss: Below $111.50 (white s
Ascending Triangle With Breakout Incoming?📈 Ascending Triangle formation (bullish)
🔥 MACD crossover above signal line, bullish momentum gaining
✅ RSI at 61, showing strength but not overbought
📊 Watching for volume confirmation on breakout
Plan: Wait for daily close or strong intraday breakout above 160. If it confirms, this could be a
Trading box for SHOPThesis : the operating performance of SHOP's business is positive and it provides an optimistic outlook.
How to trade it: at this juncture the stock seems poised to go higher, therefore I will setup a trading box to confirm or deny the thesis.
Sell if it drops below 77
Buy if it breaks the
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
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Summary
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.