Shopify Subordinate Voting Ord Shs Class A T.SHOP

Alternate Symbol(s): SHOP

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Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.

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Shopify Subordinate Voting Ord Shs Class A

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Comment by adamchesson Oct 12, 2017 11:32pm

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Post# 26807985

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Technical Analysis

I guess we are reading the same thing and coming to different conclusions. From your source:

O’Neil continued to innovate throughout his career. He created Daily Graphs in 1972. This is a printed book of stock charts which continues to see weekly deliveries to subscribers. Then, in 1973, he founded O’Neil Data Systems, Inc. as a means of providing database publishing and printing services.

O’Neil combines a mixture of both quantitative and qualitative strategies in his performance-oriented investing approach. In brief, his investment style is to seek out only those growth stocks that have the greatest potential for swift price rises from the moment they are purchased.

Clearly, O'Neil is not searching for under-valued companies in the same way that Warren Buffet does. As you pointed out, Buffet doesn't use charts. He doesn't trade stocks either.

CytochromeP wrote: https://www.investopedia.com/university/greatest/williamoneil.asp

He relies on fundamental analysis. He's not a technical analysis trader. I should have looked him up as soon as you mentioned him to make sure he was actually a technical analysis trader.

adamchess wrote: Actually, O'Neil typically bought stocks that were typically near or at 52 week highs and would sell if they went down more than 7% or so. Price action was a big part of his plan. He follows a similar pattern from the opposite standpoint when the overall market direction is going lower I think. Sorry, I am still learning.