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18.08.26 - 15:03
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Shopify: Target Zone Reached (TradingView)
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Shopify recently developed strong upward momentum and ultimately reached our red Target Zone between $147.15 and $165.54. As the price has already started to turn lower as projected, we now consider the preceding corrective advance complete and see the stock in a downward impulse. As the next key step, this move should extend below the support at $124.62 and subsequently continue toward the lower $85.65 level. Under our alternative scenario, however, SHOP would advance above the resistance at $173.26 later on to establish another higher corrective top. We assign this scenario a probability of 37%.
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24.06.26 - 21:18
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Shop ready to break towards the high (TradingView)
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NASDAQ:SHOP
Looking at 8/21 135c at EOD assuming this doesn't completely reverse.
This looks good sitting on a high time frame trendline. It was ranging right on top of the 50% drawdown area. It dropped into a target fib area, reclaimed the range and held. It looks ready to break now. I would expect at least the top of the range near 135 if not an extension beyond.
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09.06.26 - 14:54
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Shopify: Moved Higher, Then Slipped (TradingView)
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Shopify was recently able to achieve further gains but then lost its footing and slipped noticeably lower. Only recently did the first signals to the upside begin to emerge again. We currently see SHOP in a corrective upward movement, which should fade in our red Target Zone ($147.15–$165.54). After that, the price should continue the ongoing downward impulse and initially move below the support at $85.65. In our alternative scenario, SHOP would no longer reach the red Target Zone but would instead sell off directly below the support at $85.65 (probability: 33%).
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28.04.26 - 16:18
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Shopify: Rally and Pullback (TradingView)
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Shopify shares have recently gained fresh momentum to the upside, but then faced a notable pullback last week, which has since been partially recovered. Currently, we see SHOP in the third stage of a magenta-colored downward impulse, with a corrective move to the upside unfolding at a lower degree. We expect this rally to top out in our red Target Zone ($147.15–$165.54), from where price should turn lower again.
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12.04.26 - 08:54
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SHOP: Correction Before Continuation (TradingView)
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NASDAQ:SHOP is sitting in the exact kind of spot where traders get trapped between stories.
The monthly chart still leaves room for a much larger bullish continuation later on, but the weekly structure driving price right now does not look finished to me. That distinction matters.
On the bigger picture, the monthly projection still points to a much higher continuation leg once this corrective phase is done.
But on the weekly, price rejected from the B-leg and rolled over. Since then, it has been working lower toward the BC reaction zone rather than proving a completed bottom. That BC pocket sits roughly between 75 and 103 , with the tighter weekly ABC target sitting deeper inside that area.
So at current levels around 110, this is not attractive location to get aggressive on the long side.
It is too late to chase old upside, and still too early to call the correction complete.
My read is simple:
Near-term bias : bearish into BC.
Higher-timeframe outlook : bullish only after correction completio
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28.03.26 - 12:15
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$SHOP to $115 (TradingView)
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ANgel number $111 is key. As long as that holds, i'm seeing a retest of $112.45 followed by Gap fill at $115
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19.01.26 - 16:06
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Shopify: Bearish Efforts (TradingView)
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Shopify has recently continued its bearish efforts but only managed to establish a slightly lower low. In our primary scenario, we ascribe more downside potential to the regular turquoise wave B, which should, however, culminate above the support at $88.16. In the subsequent wave C, we anticipate rises above the resistance at $182.18, towards the high of the larger magenta wave (Z). Meanwhile, there's a 30% probability that SHOP may directly exceed the $182.18 level, confirming an already completed wave alt.B .
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03.12.25 - 18:42
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$SHOP: Higher Low and Flat Base Set-Up (TradingView)
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Overview of Recent Price Action
SHOP recently experienced a pullback of approximately 22% from its all-time high (ATH). Such retracements are a typical pattern for stocks that have been in a sustained long-term uptrend. The recent dip allowed the stock to reset its base, which means that any subsequent upward movement could mark the beginning of a new stage two uptrend.
Technical Strength and Higher Low Formation
Notably, SHOP has established a higher low, indicating that the stock may be regaining strength. This technical development suggests a potential shift in momentum, which could attract additional buying interest as the stock stabilizes and positions itself for a possible breakout.
Position Entry and Current Set-Up
A half-sized position was initiated yesterday as SHOP reclaimed the 21-day Exponential Moving Average (EMA). An additional allocation was made today after the stock surpassed the 50-day Moving Average (DMA). Currently, SHOP is trading just below a flat base, with the anticipation that i
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21.10.25 - 03:00
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SHOP Breakout Watch – Bulls Eyeing $169 Zone! (TradingView)
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Shopify (SHOP) is testing key resistance near $167, forming a bullish ascending structure.
A breakout above could trigger momentum toward $169–$170.
Holding above $164 keeps the short-term trend strong — below it, a retest of $160 is possible.
? Bias: Bullish above $164 – breakout confirmation awaited.
? Targets: 167 / 169.5
? Support: 164 / 160
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