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Beware False Breakouts! How To Spot Them...Investors should use basic Technical Analysis for powerful decision making. I see it as a challenge to demonstrate how useful knowledge of one simple pattern can be to identify price reversals. Recognizing this pattern and acting on it will save much money and headache! Both traders and investors need to be on guard for false breakout reversals. Seeing this pattern in action can provide an excellent profit target, entry point, or prevent major drawdown! In this video I look at examples in the Silver ETF AMEX:SLV , Spotify stock NYSE:SPOT , and Forex Euro/Dollar pair FX:EURUSD for false breakouts and what follows. I am excited to make this video for my viewers and for Best of Us Investing!
NASDAQ:AAPLEducation
by norok
72
Spotify (NYSE: $SPOT) Flexing By Bouncing Off 0.786 Fib! 💪Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers with no subscription fees. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2020, its platform included 345 million monthly active users and 155 million premium subscribers in 93 countries and territories. The company was founded in 2006 and is based in Luxembourg, Luxembourg.
NYSE:SPOT
by Bullishcharts
Spotify Analysis 14.01.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
NYSE:SPOT
by basictradingtv
3
🤗XRPUSDT low way or high wayIt show a trend revasal pattern on the daily chart!! The double bottle pattern, where the second button is not meeting with the first 1. That means loss of momentum from the bears. The first bottom. Is a retest of a long term support which should have either break out or retested. It restated and the second bottle trying to retest that zone, but with low momentum. Trend revasal!! Waiting signal is the candle pattern that show the bulls are ready to pull up. Once we see that, there is probability of an updrend.
Long
by Xplorer