Shopify stock price in intraday action

In intraday action, Shopify stock price saw support near $71 and resistance at $74, highlighting short-term consolidation. Traders watch for volume spikes as signals for potential breakout in the technology retail segment. What makes me more confident about recommending Upstart stock today, beyond the reasonable price, is that it's in a much better position now, having gone through this challenging time. As the company gathers more data from every kind of economic environment, it will be able to manage through similarly difficult periods with more strength in the future. As interest rates go lower, it can expand and grow in good times, and it's launching more products, which provide greater growth opportunities as well as protection. This week, OpenAI introduced “Instant Checkout” within ChatGPT, partnering with Shopify at launch and using Stripe to handle payments. The feature debuts with single-item purchases, available now for U.S. Etsy (ETSY) sellers, with Shopify merchants to be added soon. Technical traders interpret this as a possible precursor to sustained upward movement if momentum holds.