Spotify
Spotify buy opportunities created with new imbalance createdA very strong weekly demand imbalance has been created on the weekly timeframe around $117 per share for a long term buy opportunity on this stock. Currently we have a pretty strong weekly supply level that has gained control, buying Spotify stock is not possible now. Remember this is a long term analysis, short term and intraday stock trading is a different story but this can help you decide which bias you can trade on your stock trading strategy.
When Spotify Technology #SPOT stock is analysed with the glasses of a supply and demand strategy, we can see that strong impulses and created providing new demand to lean on for long term buy opportunities.
Short Term TOP for Spotify today or this week?Topped on a red 9, DMI and Stoch RSI are bearish signaling a short term top.
Sell or hold this one.
Definitely more risk than reward buying right now.
AI Vision Fund Sells Spotify Downgrading to Junk $198This analysis was made available in real-time on the web in 2018 forecasting a meltdown 100% accuracy as usual proven since 1989
Maximum velocity SPOTIFYSpotify is a very uncertain company, but with possible great returns also dividends. Its potential is huge. I would say it's a great company for a reasonable price.
Possible bounce point for $SPOTI'm a novice at trading and this is my first publication.
$SPOT is at the trend line, oversold and under the 200 moving average. Seems like a good bounce point for me.
Just had to share this idea since I was wondering I didn't see anyone else posting this.
Spotify BOTTOM SaR Entry Setup of Beeskneessteell™
StopManagement by RuChezRu™
Wait and Watch for TriceBarGain™ Setup/Confirmation
If I purchase today:
W/ Leverage 1:5
Long: MarginLevel 250%
2% in Margin
(126.75 last bottom)
StopLoss: MarginLevel 245.30%
(≈quote 124.36)
Loss ≈–1.93% of position ≈–0.03‰
Loss $2.39/Lot + StopLoss
1Lot Spotify w/ ≈$6300 Account and 2% (1Lot) in Mingin
If Longterm Outright:
40% Account in Purchase,
—10% StopLoss (-4% Account)
StopLoss
$SPOT FlaggingMeasured move target of $174 - $194
Pattern invalid with a break of yellow dotted line
TIPS:
Look for a break in the RSI indicator before entry, indicator should break resistance first before the price exits the pennant (blue)
Spotify - Very Bullish long term - Short term BearishDaily RSI shows signs of a small pullback. RSI needs to dip below +/- 30 to buy.
Short term price target: $ 120 - or lower.
Long term price target: $ 190
Spotify wedging looking for a break upwardsNYSE:SPOT has been forming a massive wedge and it just barely held the bottom today of it today. I am looking for this wedge to break upwards with first target around 150. If it ends up breaking down, look for support around $120
SPOTIFY ... BULLISH ATTITUTE AT SUPPORTBulllish movement at Support. ready to fire in the short term
BIO
Spotify Buy SignalI'm a big fan of Apple personally, but when it comes to music, Spotify is the one for me! On a data basis, the Megalodon is giving us the green light to buy Spotify! For information on how to use the Megalodon for yourself, send me a message!
SPOTIFY FINALLY?When I hearded of the IPO of spotify the first reaction was stay away…
Now there is a long opportunity for a local bottom.
BIO
Uncertainty brings best opportunitiesAs it always happens. It has been a rough time since IPO for the renowned music streaming service. It’s hard to estimate the “true” value for a company like that. While everyone was ecstatic when it only become listed. The biggest and only one music service on the market.
Now what we see is when people realize that it also should bring profit. And now what we see is the opposite of that euphoria. People are just not certain how to evaluate.
It was long introductory to my thought that it’s the best opportunity to find dysbalance. As uncertain as profits for them were they are growing strong. Consequently growing revenues and in the last quarter they managed to get net profits.
Don’t let twitter feed to mislead you.
Strong buy (but risky)
#SPOT Watch the price action!Critical level to watch and buy if it breaks the wedge!
Fib 61.8 and 38.2 nicely tested.
Making Higher lows.Sellers have been tested 3 times and the next time it just may go high!
Interesting Chart to watch the price action and buy if any bullish candle on the wedge.
Spotify SPOT Long-Short Idea Bullish Cup and handle pattern's target confirms bearish Three drivers pattern.
Spotify Short! BAT PatternGood time to short Spotify again...shows a nice Harmonic BAT. PIN bar formed 171.85, price failing..mostly it will open bearish. Short in the next red candle. Max it it go up to fib 1.618.
Target price all to 160 levels.
I can $SPOT a good R:R when I see oneSpotify... the newest streaming music service to hit the NYSE via a nontraditional IPO
I have no fundamental analysis on this besides that they have a student subscription program that will 'hook' the next generation and a partnership with Hulu to incentivize membership gains.
Looks like we have made a clean break of a wedge here; can we test the 1.618 extension?
Limit your risk accordingly, I have this as an ~ 3:1 R:R or potential to gain 3 dollars for every 1 dollar risked.
GL HF
xoxo
snoop
