SPOT touches the 8 day and sells off below the trend lineSPOT has a similar selling pattern to FB today where it touched the 8 day as its high and then sharply sold off below its accelerated trend line. Follow through selling could take it to the $225-$228 area where the action will again have to be mappedby tusheet1
#swing #tradeidea Long over 250 Tight stopsPossible bounce area Spotify misses by $0.03, misses on revs; guides Q4 revs in-line Reports Q3 (Sep) loss of €0.58 per share, excluding non-recurring items, €0.03 worse than the S&P Capital IQ Consensus of (€0.55); revenues rose 14.1% year/year to €1.98 bln vs the €2 bln S&P Capital IQ Consensus. "Total MAUs grew 29% Y/Y to 320 million in the quarter and above the top end of our guidance range. From a regional perspective, Y/Y growth in North America and Europe accelerated more than 400 bps and 100 bps, respectively, while Latin America and Rest of World continued to see the fastest growth, growing 30% and 51%, respectively." Co issues in-line guidance for Q4, sees Q4 revs of EUR 2.00-2.20 bln vs. €2.19 bln S&P Capital IQ Consensus. Total MAUs: 340-345 million.Longby SwingingForward0
$SPOT Spotify Bullish pre earnings Potential breakout in play for this week as the stock approaches trendline resistances . MA's RSi MACD Volume all bullish. A) Day trade to resistance B) Risky hold into earnings Breakout target $325 short term $340 Medium termLongby Bullishcharts2228
Spotify update If you took it when I gave out the signal at 250$ lol you know what's up anyway I gave out this signal when this stock was at 250$ and as you can see we headed for new highs now am going to be adding more positions on my Spotify long. Longby Komanmjadu0
SPOT on watchPre earning momentum trade. Long if it breaks the box to targets. Strong daily close even with a weak market.Longby WadeYendallUpdated 441
SPOTIFY - buy support zones analysisHello traders, Description of the analysis: Spotify Technology ( SPOT ) support zones ideal for timing long positions (gray). A possible correction could provide a shopping opportunity in interesting volume zones. It is definitely worth following further developments. The thickness of the support zone reflects the importance of this zone. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades. JacobLongby Jacob_Kovarik2
$SPOT potential inverse head and shoulders$spot setting up an inverse head and shoulders pre earnings this could run towards 293. post earnings this could pullback and then retest the 293 level for a break to the upsideLongby Kowalski_Trader2
100-300 hmmmIm not too sure if a couple spotify deals justifies this move.... seems like investors are slowly realizing this and now its entered a reversal stage. Shortby Vibranium_Capital1119
$SPOT - Possible Wave 5 ($300+ PT) Elliot Wave AnalysisTony's Picks I enjoy analyzing charts and have come across this interesting idea that I would like to share for discussion. This daily chart for $SPOT shows textbook Elliot Wave Theory formations. Starting its IPO in 2018, Spotify immediately underwent a complete Elliot Wave Trend. Following this trend is a long Flat counter trend. In purple font color the standard 3-3-5 wave pattern that commonly makes up a Flat counter trend is shown. After the counter trend is complete a new Elliot Wave trend begins. Upon tracing a fib on wave 3 we can see a great support were we would expect at the .618 fib priced at $220. Since $220 support is held I see wave 5 beginning (or already begun) with upside of at least $300. Closely following this idea to see how it plays out. ***At time of writing this post I DID NOT own shares of SPOTIFY ($SPOT)*** Curious if there are any thoughts and/or comments, I read all feedback! Thank you and if this content was useful to you please follow! Click to my profile to see all my other posts for free stock analysis. (Disclaimer: I am not a financial advisor and this is not investment advice, this is my opinion only and is solely for entertainment purposes) Longby TonyPicks2
Corrective expanding wedge in action. Short for wave ESpotify is having an ongoing correction. Hence, The true rally is yet to come. Perhaps at wave E label in the chart?Shortby William-trading1
SPOT 1D BITCOIN INDICATOR LONG TRADEBITCOIN INDICATOR WORKS ON ALL MARKETS & TIME FRAMES. Bitcoin Indicator shows the Entry Signal level. Bitcoin Indicator shows the Stop Loss level. Bitcoin Indicator shows the Take Profit level.Longby Tradingstrategyguides1