Maximum velocity SPOTIFYSpotify is a very uncertain company, but with possible great returns also dividends. Its potential is huge. I would say it's a great company for a reasonable price.
SPOT/N trade ideas
$SPOT No stopping this sucker Looks like 104 coming This chard is getting smoked Looking to short this on bounces
SPOT in the limelightSPOT has been on a downtrend and looks like its heading towards 105-100 support area. It bounce off the lows last Christmas and I think history might repeat itself again. Currently, ADX is hot and making steep climbs with DI- calling most of the shots. Pls do your own DD. Newbie analysis
Possible bounce point for $SPOTI'm a novice at trading and this is my first publication.
$SPOT is at the trend line, oversold and under the 200 moving average. Seems like a good bounce point for me.
Just had to share this idea since I was wondering I didn't see anyone else posting this.
SPOT Perfect Bat harmonic formation $185 price targetNYSE:SPOT SPOT Perfect Bat harmonic formation $185 price target
Watch SPOT possible Cup & Handle formation BONYSE:SPOT
Take a look at Spotify, forming a Cup & Handle formation and broke it's 50 Mov Avg. We still need a BO with volume to confurm this pattern.
SPOT looks nice for a long but it has a lot of heavy liftingI think it isn't too bad a spot to start of long position here, but don't expect a highway to the heaven as there are a lot of trapped bull from here.
Spotify BOTTOM SaR Entry Setup of Beeskneessteell™
StopManagement by RuChezRu™
Wait and Watch for TriceBarGain™ Setup/Confirmation
If I purchase today:
W/ Leverage 1:5
Long: MarginLevel 250%
2% in Margin
(126.75 last bottom)
StopLoss: MarginLevel 245.30%
(≈quote 124.36)
Loss ≈–1.93% of position ≈–0.03‰
Loss $2.39/Lot + StopLoss
1Lot Spotify w/ ≈$6300 Account and 2% (1Lot) in Mingin
If Longterm Outright:
40% Account in Purchase,
—10% StopLoss (-4% Account)
StopLoss
$SPOT Downgraded yesterday dropped 6 bucks then went greenHuge bounce after downgrade I would watch this That was an aggressive move
SPOT breaks downI was tracking a few different trend and wedge possibilities. Today it looks like SPOT broke down below all of them. Not a lot of history below 130, so mostly new territory for resistance. Possibly 120, 113, 103 looking at recent bounces.
