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

Comment by CytochromePon Oct 12, 2017 10:30am

87 Views

Post# 26803888

RE:Technical Analysis

Voodoo witchcraft: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1181367

Can't believe this still exists in the 'educated' Western world.

[quote=retiredcf]We'll see. GLTA

Shopify Inc forms bullish "Inside Bar" chart pattern
Oct 11, 2017

Recognia has detected an "Inside Bar (Bullish)" chart pattern formed on Shopify Inc (SHOP:TSX). This bullish signal indicates that the stock price may rise from the close of $118.40.

Tells Me: The balance between buyers and sellers, recently dominated by the bears, is evening out. We may see higher prices ahead. An Inside Bar develops during a strong downtrend, when the trading range is completely within the boundaries of the prior bar. This suggests the balance between buyers and sellers is becoming more evenly balanced i.e. a weakening in power for the bears and increasing in power for the bulls.

This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.