Buy Hold Rant
I sold all my Shopify, how I used COVID low buy zones and why I still regret it
10/8/2025, 10:26:14 PM
Economic Summary
- Many companies retraced to their COVID lows, creating buy-the-dip opportunities for fundamentally strong firms like Shopify (SHOP); the speaker used those levels as a map for entries and exits.
- Shopify is at an all-time-high range; the speaker sold into strength near the top of the range but expects the stock could continue higher if the broader market stays strong, though a small pullback is possible.
Bullish
- Shopify may continue to run higher if the overall market remains strong.
- Buying strong companies near COVID lows presented a clear buy-the-dip opportunity.
Bearish
- Shopify could see a small pullback from the all-time-high range.
- Previous resistance at the top of the trading range may limit near-term upside.
Bullish tickers
SHOP
Bearish tickers
SHOP
SHOP
Bullish
As a strong company bought near COVID lows, Shopify could continue running higher if the market remains strong.
Bearish
Potential small pullback from all-time-high range; resistance near the top of prior trading range prompted selling into strength.