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SHOPIFY INCSHOPIFY INCSHOPIFY INC

SHOPIFY INC

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Weekly Outlook! 7/6 - 7/9Check out what stocks we are watching for the coming week! As well as a recap of last week's video! NYSE:ABBV We are looking for a breakout of it's current pennant pattern over the $115.60 area. We could see a return back to all time highs here NASDAQ:AMZN We are looking for a breakout of recent highs of $3525 for a re-test of all time highs, and ultimately a breakout of all time highs over $3554. NASDAQ:NFLX We are watching for a break of trend resistance over the $539 level for a gap fill up to $546 NYSE:SHOP We are watching this to break out of it's current bullflag pattern over $1500 for another move higher.
NYSE:SHOPLong
by ThirtyninethParallelInvestment
1
US Stock In Play: $SHOP (Shopify Inc)Upon the announcement of expanded partnership with Facebook ($FB) and Google ($GOOGL) for its one-click checkout to be made available to all merchants selling on Facebook and Google even if they do not use $SHOP, $SHOP broke out of its Cup and Handle chart pattern with a significant rally of +14.62%, triggering along with surge in transactional volume exceeding 100% of its 50D average. With $SHOP making consecutive attempts to print a new all time high closing this week, a price action close above its mid-term trend channel is likely to impose a parabolical price surge in $SHOP in the next 2 weeks. 52 weeks high for $SHOP is at $1552.23. $SHOP a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company’s platform provides merchants to run their business in various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders
NYSE:SHOPLong
by jfsrevg