SHOP testing new support @ 91, long uptrend intact to 84Looks like new 91 support will be tested over coming days, bullish as long as it stays above 84 (longterm trendline intersection) & esp. if volume moves it to re-test 95 area, & if breaks/holds 96, on to 100...beginner learning to chart, advice welcome!
SHOP
SHOP Shopify has too much movement, can it continue?SHOP, crushed earnings and is an amazing position for the future of e-comerce with its FB & AMZN partnership.
With it being a Canadian company we could see....
- an increase in investor awareness of the company
- possible takeover/merger (eBay might buy SHOP???)
- lots of growth on a Small cap stock of mkt. cap - $8 Bil.
- I've held since 4/10/17 sitting on ~20% Gains
shop - shopifyI'm long the 20jan 45 calls of shopify, and already in profit.
this stock seems to be a clean and clear breakout and possible profit target is 57 area.
if you'd be long on the 01.06.17 (m/d/y) you should have put your stop loss around 44 area, and if you 'd still be holding your position it would be ok to move your stop to 45-46 area now.
Waiting for a breakupConsolidating for the past 3 months, it should break up over the next few weeks.
Enter only if it closes above 0.1267, with stops at 0.1068.
A bullish bitcoin should give a little push to this penny stock, given the risk aversion in the emerging market right now.
To tha moon!Shopping for Bitcoins in the wall street? That's your one and only choice for now, and if you're bullish on Bitcoin this is it.
This stock have been hammered from $10 to less than $0.1 last year, and it looks to be finally bottoming here with a break to the upside.
Bitcoin ETF launch could blow this straight to the moon with all the hype, yet only retracing less than 20% of its value from the peak.
BTCS does mining, ATM, wallet, eCommerce & anything related to Bitcoin, so its fate is really tied to it. If Bitcoin doesn't succeed, so will the company.
The final target will be $2.3, but I will keep selling half upon it doubling on my purchase price..
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Warning: Given the price and speculative play in nature, only bet on those that you can afford to lose and keep the position small.