Shopify Subordinate Voting Ord Shs Class A T.SHOP

Alternate Symbol(s): SHOP

Technology Information Technology Services

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.

TSX:SHOP - Post by User

Shopify Subordinate Voting Ord Shs Class A

Bullboard Posts

Post by soupa1168on Jun 15, 2017 6:05pm

240 Views

Post# 26368561

Sold my shares for a small loss (1+ pt)

T/A deterioration could not be ignore. The NBV (Net Buy Volume) is leading this recent decline down to making lower lows. The pps should follow the NBV volume down to lower lows. Also, P & F chart indicates a double bottom breakdown today that will likely lead to a triple bottom breakdown in the future. My near term target is US$70-73.

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