$Shopify (SHOP.US)$ 👀 potential breakout from a tight pivot...
$Shopify (SHOP.US)$ 👀 potential breakout from a tight pivot, pullback from a strong earning gap recently.
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80% technical 20% fundamental.
A momentum swing trader and follower of Jesse Livermore, Bill O’Neil and Mark Minervini
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Momentum Trader OP : Earnings released May 4
Shopify (SHOP) reported 1st Quarter March 2023 earnings of $0.03 per share on revenue of $1.5 billion. The consensus estimate was a loss of $0.05 per share on revenue of $1.4 billion. The Earnings Whisper number was for a loss of $0.01 per share. Revenue grew 25.3% on a year-over-year basis.
The company said it expects second quarter revenue of approximately $1.625 billion. The current consensus revenue estimate is $1.57 billion for the quarter ending June 30, 2023.
Momentum Trader OP : Wow nice BO
, moving my stop loss to BE!
101822399 : Hi any shift here can share how to enter a buy trade with a stop loss option on moomoo?
Momentum Trader OP 101822399 : You can do an attached order. But I always do 2 separate steps - buy then set SL
101822399 Momentum Trader OP : Set SL means your second order is a sell limit?
Momentum Trader OP 101822399 : I use Stop only as US market can get very crazy sometimes ie gap down big suddenly! Stop limit may not offer you the protection for gap down
Momentum Trader OP Momentum Trader OP : SL = stop loss
101822399 Momentum Trader OP : I see thank you! It’s quite inefficient to enter as separate trades! Definitely soemthing moomoo needs to look into!
Momentum Trader OP 101822399 : No, you can execute in 1 order using attached ordered as I mentioned earlier.
It’s just my preference to do 2 separate steps.
101822399 Momentum Trader OP : May I know where to find the drop down box? I found the following but doesn’t say at which step or how to execute an attached order
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