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SPOTIFY TECHNOLOGY S.A. CEDEAR EA 28 REP 1 COM(USD)SPOTIFY TECHNOLOGY S.A. CEDEAR EA 28 REP 1 COM(USD)SPOTIFY TECHNOLOGY S.A. CEDEAR EA 28 REP 1 COM(USD)

SPOTIFY TECHNOLOGY S.A. CEDEAR EA 28 REP 1 COM(USD)

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SPOTIFY BEARISH SETUP ( SHORT TERM )For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial. Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
NYSE:SPOTShort
by traderchamp_
Spotify +4%Spotify offers digital copyright restricted recorded music and podcasts, including more than 82 million songs, from record labels and media companies. As a freemium service, basic features are free with advertisements and limited control, while additional features, such as offline listening and commercial-free listening, are offered via paid subscriptions. Spotify is currently available in 180+ countries, as of October 2021. Users can search for music based on artist, album, or genre, and can create, edit, and share playlists. Spotify is available in most of Europe, as well as Africa, the Americas, Asia and Oceania, with a total availability in 184 markets. The service is available on most devices including Windows, macOS, and Linux computers, iOS and Android smartphones and tablets, smart home devices such as the Amazon Echo and Google Nest lines of products and digital media players like Roku.
NYSE:SPOTLong
by MiguelFTCurado
1
Spotify is very cheap!After having had a bearish stock market, some stocks have fallen to really cheap prices. Spotify is an example of it which has fallen down almost 77% from its' all time high. I know that the downturn might not be over but after having done an ewt analysis, the most probable count is showing a bullish future. This count is based on the fact that we have reached or almost reached a bottom (it still works as long as the price of it remains over 64$ a stock). TA: From the 24th of December 2018 to the 22nd of Februari 2021, the stock has moved in 3 waves as a flat* where the b wave was a triangle and the c wave was a large impulse that led to an all time high. After this, the stock falled down as a zigzag** with a leading diagonal as wave a, another smaller zigzag as wave b and a normal impulse as wave c. This large fall ended with a new all time low just a little bit lower than the previous one. So what does it tell us? Well if we refer to a normal 3 waves elliott wave pattern, this could be a huge inverted extended flat*** with the all time high marking the end of wave (a) and the all time low marking the end of wave (b). This means we should now (or soon) rally in 5 waves up as wave (c) to an all time high. The count would only be invalid if the price drops sharply and quickly under at least 64$. * A flat: is a 3 waves move with the second leg ending a bit lower than the start of the first leg. The first and the second legs can be developed into 3 waves sequences (b wave can also be a triangle) whereas the third leg should develope into a 5 waves sequence. ** Zigzag: A 3 waves move where the first and the third leg are themselves 5 waves impulses separated with the middle leg which is a 3 waves correction. *** An extended flat: is a 3 waves move with the second leg ending a bit higher than the start of the first leg. The first and the second legs can be developed into 3 waves sequences whereas the third leg should develope into a 5 waves sequence.
NYSE:SPOTLong
by EWcycles
1