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· markers reflect the latest update
Summary
SHOP (Shopify) is a TLI TOP 20 pick. Earnings smashed, +28% pre-market to $150. TLI advises not to chase — wait for retest of $135-$136 before entering.
TLI Analysis
- Q2'26 Earnings: Smashed expectations, +28% pre-market
- Guidance: Do not chase at $150
- Entry strategy: Wait for a retest of $135-$136
- Strong earnings confirm the e-commerce platform recovery
- Q2'26 Earnings Results post was image-based
Position Context
- Conviction: ⭐⭐⭐ — TOP 20
- Type: E-commerce platform
- Buy Zone entry: $135-$136 retest
- Strategy: Wait for pullback, don't chase the gap
Price Check edited
||- 2026-09-15 — $130.47 Live price update.
||- 2026-09-11 — $126.60 Live price update.
|- 2026-09-08 (close) — $135.10 (-6.89% from Sep 4 close). Sharp pullback. TLI #103044 expects retest $135-136 — now happening. ATH $176 target still valid if retest holds. Wave 5 target 2.618 Fib $227.
2026-09-14 — email #103289 new
Subject: $SHOP - TOP 20 -
Price check: 2026-09-14 — $128.79
$SHOP originally broke above the 50 WMA at $135 and has now pulled back to dip below this level and test the 0.5 Fib at $126 for support.
2026-09-17 — email #103464 — Q2'26 Valuation Analysis (Image-based) new
Subject: $SHOP - Q2'26 Valuation Analysis -
Type: Image-based post. No extractable text.
Price check: 2026-09-17 — $128.41 (-1.19%)
2026-09-20 — email #103577 — TOP 20 (Image-based) new
Subject: $SHOP - TOP 20 -
Type: Image-based TOP 20 chart post. No extractable text.
Price check: 2026-09-18 close — $128.50 (-0.08%). Near flat. Still testing 0.5 Fib at $126 support. Watching for higher low for W5.
|- 2026-09-21 — $134.60 — Approaching 50 WMA at $135. Pulled back from higher. Testing 0.5 Fib at $126 support for higher low for W5.
||- 2026-09-24 — $142.34 — Pre-market Sep 24 — $142.34 (Sep 23 close). Broke above 50 WMA $135. Pulled back to test 0.5 Fib $126. Expecting higher low for W5.
Price check: 2026-09-29 — $147.40 (+2.35%). Above 50 WMA, breakout day.
| 2026-10-02 (afternoon) — $151.38 Live afternoon price update.
2026-10-04 — email #104172 — TOP 20 (Image-based)
Subject: $SHOP - TOP 20 -
Type: Image-based TOP 20 chart post. No extractable text.
Price check: 2026-10-04 — $151.39 (prev close). Sunday TOP 20 batch post.
| 2026-10-06 (afternoon) — $165.16 Live afternoon price update.
| 2026-10-07 (pre-market) — $164.50 Live pre-market price update.