20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Shares of Shopify (NYSE:SHOP) moved higher by 1.8% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share were up 236.17% year over year to $1.58, which beat the estimate of $1.25.
Revenue of $977,744,000 rose by 93.55% year over year, which beat the estimate of $910,220,000.
Looking Ahead
Shopify hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Feb 17, 2021
Time: 08:30 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/shopify/mediaframe/42785/indexr.html
Technicals
Company's 52-week high was at $1499.75
52-week low: $305.30
Price action over last quarter: Up 61.01%
Company Overview
Shopify offers an e-commerce platform primarily to small and midsize businesses. The firm has two segments: subscription solutions (43% of fiscal 2018 revenue) and merchant solutions (57% of fiscal 2018 revenue). The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. Merchant solutions are add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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