The successful breakout of $SPOT that was previously highlighted (a five months consolidated range pattern), have seen Spotify rallied to an all time high establishment at $346.44 on 11th December 2020. This breakout is also accompanied with its ATR (14D) peaking at $15 per day average volatility, signifying substantial attention of $SPOT from the Wall Streets at...
It has been months since I last plotted this and it exceeded expectations. Initial assumption on the left retracement is that the subwave impulse is complete and is doing a long correction. Good base so far. Take note of the following: >It can rally until the 100% of the right retracement if the overall market sentiment is positive. >Otherwise, expect the stock...
Spoify ( NYSE:SPOT ) Technical Analysis & Option Coverage Spotify brings real-time lyrics to 26 countries, not including the US The Play: - Short-term: Estimated Time: 11 Days Max SPOT $270 Call @ $235 per contract or SPOT $270 Call @ $610 (more time) - Long-term: Estimated Time: 3 weeks SPOT $300 Call 7/24 @ $480 per contract Let's keep this one short...