Shopify Inc. is a Canadian multinational e-commerce company in Ottawa, Ontario. Shopify (SHOP) is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. The Shopify platform offers online retailers a suite of services including payments, marketing, shipping and customer engagement tools. SHOP Daily Chart July 2023 Shopify ended a Grand Supercycle in July 2021 and we labeled it as wave ((I)). Since then, […]
Shopify (SHOP) Daily Bullish Structure Leading the Way
Shopify (NYSE: SHOP) is a cloud-based commerce platform that provides software for building and operating e-commerce businesses. In Q3 FY2023, Shopify’s revenue was up 25% YoY and gross profit was up 36% YoY. The company also reported positive free cash flow for the fourth consecutive quarter, which reached 16% of revenue. After the news, SHOP surged […]
