Tag Archives: Shopify

Shopify (Shop) chart showing the intermediate uptrend

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I featured Shopify at $26.82 on March 8, 2016. Now at $75.95

Shopify daily candlestick chart showing the intermediate uptrend.

Shopify Daily Candlestick Chart

Reference my post from March 8, 2016 when it was trading for $26.82: “Shopify upgraded with a $35 price target. Breakout at $24. Near-term uptrend and momentum indicators confirming the move.”

Update May 2, 2017: Shopify reports first quarter results – Revenue +75%

Update May 3, 2017, Financial Post article: Why investors should stick with the ‘hot hand’ that is Shopify Inc.

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“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

Shopify (SHOP) chart showing major uptrend

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Featured chart on March 8, 2016 at $26.82
Major uptrend for Shopify

Shopify (SHOP) 10-Month Daily Chart

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Shopify (SHOP) 6-month daily candlestick chart

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Shopify upgraded with a $35 price target. Breakout at $24. Near-term uptrend and momentum indicators confirming the move

Shopify 6-month daily chart_2016-03-08

Shopify stock has 35% upside, analyst says

https://www.shopify.ca/

Update March 18, 2106: Google is rumoured to be shopping for takeover targets to bolster its cloud computing platform and work place applications.    Read…………………………..

______________________________

“If you dither, you lose”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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