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SHOPD
Ideas

SHOPIFY INC CEDEAR EA 107 RE 1 COM(USD)

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SHOPD trade ideas

$SHOP Shopify $1345 Breakout Target SHOP had a amazing breakout yesterday above the downtrend and closed at a ATH. The rally stalled at a Fibonacci 1-2-1 target $1165 Today could very well see a move to $1200. Above which we have major Fibonacci confluence at $1230-$1235. $1337-$1345 Medium term target.

Long

by Bullishcharts

SHOP base breakout Breaking out of base here after some good consolidation 1350 area next.

by J_Charts

SHOP , Short I don't like shorting this in the holiday season when they will likely have increased transactions but at the same time right now we have a nice technical entry and P/E not looking so good. For me, this justifies a short position . They could very well out perform and go higher too but I think a short is the better play going into 2022. Good luck ~

Short

by NAK1987

It's Holiday Season, Go SHOP !!!SHOP has consolidated properly in last few months. It's time it will move up very soon very fast!!! First Target 1200 Final target 1450 Stop price 1020

Long

by STOCKBROS_95

Updated

$SHOP - Long above 1113 - #SHOP There's a huge resistance line at 1113. I intend on going long above 1113 and take partial profit around 1142, the previous ATH. I'll likley leave some runners to aim for 1200.

by TroydTrades

Updated

Shop reaching overbought zone Wait for RSI on 4hr chart as SHOP makes last leg before big pull back.

by JustinLev

SHOP: Triple top, or likely +500 soon!Super clear here... if you don’t have the Shop app to track your packages, try it out! I’m going heavy on Shop in 2021 if markets can keep pushing... very strong setup upon breakout. Although a quick dip prior to next jump is possible with market wide correction, this may also get forced higher at the same time.

Long

Long

Long

Updated

SHOPIFY - SHOP - Weird Iron Butterfly SHOPIFY - SHOP - Weird Trade Idea I put on a Iron Butterfly with the short legs @ $1000. What do you think about this trade? Yay? Nay? Personally, I put on this trade because the risk/reward was pretty good and it was based on technical analysis.

Short

01:55

by BW11

My View My View

Long

by jayakrishnagopu

Artistic look"Breaking through the resistance with a strong candle means 100% confirmation of the trade. A price channel that the price took before the model A price channel that the price will take after the pattern The end of the triangle model, which is a continuation model

Long

by TRADIN_GR

SHOP - Following in SPOT’s footsteps SHOP has been consolidating like crazy on the weekly chart, setting up for an explosive breakout. Setting an alert near the 1110-1120 levels for a massive breakout play. This has the potential to hit 1300+ on breakout of the weekly flag. Don’t miss this one!

Long

by GlitchSPX

SHOP SHOP Forecast to Jan 25 2021

by TheRealSamFrat

SHOP - December 12, 2020 SHOP is set to dominate the global ecommerce space and will benefit drastically from the recent pandemic. Had a nice selloff last week, looking for another dip shortly and take a long opportunity.

Long

by AptitudeFinancialAdvisory

SHOP setting up for a good long term hold Good pull back after testing all time highs. Wait for it to fall below 1000 for the best price or start scaling in today for long term. Sp 830.

Long

by JustinLev

Shopify Short Daily D Extension achieved and B boundary has been formed. Once a breakout of consolidation occurs, looking for a short opportunity to at least the 38.2 possibly 61.8 retracement level before a continuation to the upside.

Short

by rcarthage

Shopify! Bullish more in 2021 ?im on bullish to $1600

Long

by TheFakhirin

1500 Magnet on SHOP?Just finished a really nice trade on SHOP into 886 posted on Nov 27th. Its now time to starting thinking about a break of this 4.5 month range. If price can breakout from this box the upside is huge. First targets would be the extensions then the measured move to 1450. The market still seems to love large whole numbers so who knows...maybe 1500. Needs to break the box cleanly on volume first. This will be the 4th test of this level so its best to be patient as it can easily fall back into the range. See previous post.

Long

by WadeYendall

Great Breakthrough setup Great Breakthrough setup I think shopify has a great potential and is well known already. In addition, the chart is showing my favorite chart pattern of a breakthrough scenario. A really nice and long side-trend and it looks like this time it can get through. This gives a nice risk/reward setup of 9 ! This can lead to a 50% increase in some month. That’s my opinion and should be treated like it. No trade advice!

Long

by spar_ma

Bull flag right at breakout Alerted shares at 935, watch for a bigger move higher, if market holds up this should see $1500 soon

Long

by Option_Traders

$SHOP seems to be setting up nicely for a double bottom breakout $SHOP is nicely creeping up to the previous highs, less than average volume. Crossing $1120 on high volume could be a positive sign.

Long

by kevshah7

SHOP Breakout 6th test SHOP has been consolidating for the past several months creating a flag type consolidation. Within the flag it has formed a triple bottom. Now that it has tested resistance for nearly the 6th time, i believe we will see a breakout the size of about the range that it has been consolidating in (which is about 100 points), so i expect a breakout to 1200 range.

Long

by BBTrader29

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