Premarket $765.00 if it breaks 770 level - 800 will come
fast
news of walmart partnership and analsyt upgrade
SHOP Piper Sandler analyst Brent Bracelin upgraded Shopify to
Overweight from Neutral with a price target of $843, up from $773.
"Data-driven insights" point to accelerating trends in April and
May, Bracelin tells investors in a research note. The analyst also
has increasing conviction that digital commerce penetration rates
at 15% today could double or even triple in a post COVID-19 world
by 2030. Leveraging a "critical footprint" as the global retail
operating system for 1M-plus merchants today with an expanding
product offering, Shopify is one of the best positioned digital
commerce beneficiaries for the next decade, contends Bracelin. He
believes the company's revenue is poised to quadruple to $12B by
2025. Source-thefly
SHOP Daily View
Posted by steve on 12th of Jun 2020 at 03:31 pm
SHOP - Chart Link - has a bear flag look (respect a directional break)
Premarket $765.00 if it breaks
Posted by arun on 15th of Jun 2020 at 06:29 am
Premarket $765.00 if it breaks 770 level - 800 will come fast
news of walmart partnership and analsyt upgrade
SHOP Piper Sandler analyst Brent Bracelin upgraded Shopify to Overweight from Neutral with a price target of $843, up from $773. "Data-driven insights" point to accelerating trends in April and May, Bracelin tells investors in a research note. The analyst also has increasing conviction that digital commerce penetration rates at 15% today could double or even triple in a post COVID-19 world by 2030. Leveraging a "critical footprint" as the global retail operating system for 1M-plus merchants today with an expanding product offering, Shopify is one of the best positioned digital commerce beneficiaries for the next decade, contends Bracelin. He believes the company's revenue is poised to quadruple to $12B by 2025. Source-thefly
SHOP calls up like a
Posted by arun on 15th of Jun 2020 at 10:20 am
SHOP calls up like a monster... i think this has more gas
THX Steve - I put
Posted by arun on 12th of Jun 2020 at 04:05 pm
THX Steve - I put Matt`s 60 minute chart as a guide. I can sell at the trend line or add at break out above the line
Thanks
Posted by maggi3322 on 12th of Jun 2020 at 03:33 pm
Thanks