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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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29.07.25 - 06:48
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SHOP has one more seller to Buy (TradingView)
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Hello 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 highs (rightfully so).
Today we are going to look at some long term prices I think are suitable for your personal risk tolerance. as well as two possible short term scenarios and how you can navigate them.
Enough talking let's get into the charts.
Long Term
These prices are chosen from current market participants. I've measured them in order of your own conviction.
Aggressive = 122 (Top of Demand)
Fair Price = 99-102 (Concentrated demand)
Steal = 70-81 (Top of Strong Buyers)
Short Term
I'm going to be honest here, I don't particularly like the positioning of the range to go long here. That Strong Supply area is still very active, and we may have to hit that concentrated demand before having enough stre
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13.07.25 - 18:24
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Trade Setup: Long on SHOP! (TradingView)
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?
? 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 support)
Risk–Reward Ratio: Over 2:1 ✅
? Trade Plan Summary:
Entry: $113.00–$113.50 (breakout zone)
Target: $116.48 → $118.25
Stop loss: Below $111.50
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