Shopify has been trending steadily since 2022 Q4

SHOP is strongly in a steady uptrend since Oct 2022. Despite some strong correction in Feb 2025, the correction ended in a 3-wave manner before resuming its upside. We believe that the upside is likley to continue as the ascending triangle is strong.

Furthermore, the long and short-term momentum are in unsion, pointing towards a strong bullish momentum. Volume remain healthy.