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Spotify Technology SA (Extended Hours)Spotify Technology SA (Extended Hours)Spotify Technology SA (Extended Hours)

Spotify Technology SA (Extended Hours)

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SPOT trade ideas

The first European tech stock with $50 billion market capCongrats to Spotify. Here's a fact I just read: they are the first European tech company to hit a market cap of $50 billion. Hopefully this inspires more apps and tech improvements like it out of Europe. How much higher can it go? I don't know. But he breakout is really fascinating from a tech perspective and global story. There is a lot of bad news out there, so if you focus and work to find the good news, it is right in front of you. I have never owned Spotify and happen to be an Apple Music person myself, but once again, that is quite the achievement. In addition, they are going into podcasts, video, and more. Get ready Youtube and Apple podcasts. Competition is picking up.
NYSE:SPOT
by scheplick
1
SPOT Short-term period short. First post. Spot had an amazing break out. However, MACD starting to curl downwards on 15, 30, 45, and 1hr charts. Watch out for profit taking, I would expect a retest of the 200 price point before blasting off higher. Tried to get above 229 that seems to be the sell zone for now. A series of lower lows and lower highs start to appear on the 1min and 5 min chart. Mid term support zones on the bears need to push through: 200, 217, 221, 225. Best of luck, --d0x
NYSE:SPOTShort
by Parad0x_
SPOT was a top quarterly gainer, rising +94.61%. Tickeron AI shows that Spotify Technology S.A (SPOT, $241.76) was one of top quarterly gainers, jumping +94.61% to $241.76 per share. Tickeron AI analyzed 105 stocks in the Internet Software/Services Industry over the last three months, and discovered that 95 of them (90%) charted an Uptrend while 11 of them (10%) trended down. A.I.dvisor found 87 similar cases when SPOT's price went up 15% within three months. In 65 out of those 87 cases, SPOT's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for SPOT are 75%.
NYSE:SPOTLong
by AlTorress