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Shopify

AFTER LOCKDOWN IMPULSE SHOPIFY IS RANGING - SHOPIFY - DAILYThe price has clearly moved up from February this year. There is a strong correlation between the pandemic global issue and the increase in price. 2020 has been a game changer and we have noticed that the market went up before finding a strong resistance illustrated by the horizontal red line. Market price is still evolving along the main blue trending line, but might need to push down to the lower level of the new horizontal range created before testing again to break the red resistance. Overall there a strong probability to see the market price break the red support line, any point close to the bottom support line of the new range is probably a good long entry point.
NYSE:SHOPLong
by Diallo_Charts_Ideas
ARDOR TETHER (ARDR)⚠️Why You'll Never Succeed at Ardor Bears💬 Oddly enough the Austrian government is testing out Ardor (ARDR) technology. That is bullish for ARDR, if only in that it shows adoption is real and happening on some level. Adoption is great, but what is notable is the current price action where ARDRUSDT has broken away from its current range. Let's take a look at some levels to see if Ardor can find support and then keep running. Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- Support: S1: The S1 S/R flip is the main price pivot point in play atm for this pair. These bulls have a better shot if they can avoid testing this level too much and instead move straight up past the current price range. If we do see a break below S1, the bulls will want to watch the current range closely in case it acts as resistance. Below S1 there is additional support, but the bullish structure that compelled us to do this chart will be broken. Resistance: The previous range highs could see a reaction on the way up, but the idea here is actually to retest this level as support before going off on a nice run as illustrated by the upper ABC pattern on the chart. An entry of a retest of this level is an ideal entry for the bulls. ----- Summary: ARDRUSDT has a lot of promise, what the bulls need now is an impulsive move that finds support before pushing higher. While a retest of that major price pivot point could work, the risk of breaking back down into the previous range is high. That doesn't spell the end for ARDR, but it would be a bad look price structure-wise. Resources: finance.yahoo.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨
by AlphaBotSystem
3
Bullish CHarts - Undervalued, $1.1 B in Sales, 97.3K New UsersEndurance International Group Holdings, Inc., together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses in the United States and internationally. The company operates in three segments: Web Presence, Domain, and Email Marketing. It offers Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting solutions; Website building tools; domain registration, management, and resale services; malware protection solutions to protect subscribers' Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites. The company also provides email marketing solutions that enable subscribers to communicate with their customers and potential customers through email; products that enables subscribers to sell their products and services online, including secure and encrypted payments, shopping carts, inventory management, online marketplace listing solutions, payment processing and related services, and mobile payments; and search engine optimization and marketing solutions. In addition, it offers solutions that allow subscribers to have their Websites and email marketing campaigns rendered on mobile devices; tools and services that enable subscribers to communicate with their customers and potential customers through social networks; business productivity tools that include professional email, word processing and presentation software, online storage, shared calendars, and video meetings; control panels and dashboards that offer subscribers with tools to analyze activity on their Websites; and professional services, including Website design, marketing, social media management, and Website migration services. The company was founded in 1997 and is headquartered in Burlington, Massachusetts. Many traders may not realize, this company owns some prominent & well known assets including CONSTANT CONTACT, BLUEHOST, HOSTGATOR & DOMAIN.COM among others. Many of these services we all use on a daily basis. On 07/14/20, Endurance announced Prelim. Q2 Sales of $274 Million, Net Subscriber Additions of 97,3K, and FY20 Sales of $1.1 BILLION On 07/15/20, Credit Suisse Lifted the price target on Endurance to $9.00 - (I think this is very conservative especially after seeing the assets the company owns) The Daily Chart looks BULLISH 50-Day MA is about to cross up and over the 200-Day MA, BULLSIH Volume is Green, Bullish PMO is Bullish MACD is Bullish RSI is Bullish Stochastic is Bullish OBV is Bullish Accumulation is Bullish Folks, if you look back at our previous research picks, we've made a lot of great calls. Look at APT, WRTC & SPCE today, to name a few. We think this stock is worth at minimum, $15 to $20 a share after looking at the assets they own. We think the assets are worth more than the stock price right now. CONSTANT CONTACT, BLUEHOST & HOSTGATOR are very well known in the technology industry. Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
ELong
by HotCharts
Shopify's price-to-sales ratio is... nearing 70!Just a quick chart showing Shopify's price-to-sales ratio, which is nearing 70. That means investors are paying $70 to get $1 in revenue from Shopify. I have yet to see a large cap stock of this size trade at a multiple like it. Truly amazing to see. No comment if it is overvalued or undervalued. But, it is high up on my watchlist for future volatility and I thought some of you would find it interesting. They could grow 200%+ and I guess at that point it makes sense. But the expectations are high for them and need to hit on all cylinders.
NYSE:SHOP
by scheplick
1