639 trade ideas
SPOT Breakout?Keeping my eye on SPOT here for a possible breakout post-earnings.
Why?
Primarily because of the 2020 campaign that Spotify has been on to increase their members by bringing in high-profile podcasters.
2020 Q 3
> In comes Joe Rogan.
10,000,000 YouTube subscribers and has claimed on more than one occasion that his audio-only podcasts generate 4-5x the amount of downloads as his YouTube videos do views.
With average views of 2m+ per YouTube video, an estimated 8m-10m+ podcast downloads per session can be assumed.
4-5 Videos/Podcasts a week, you do the math.
Since the deal with Spotify was announced in May, Joe's average monthly YouTube views alone have increased by over 40%.
Generating over 100,000,000 YouTube views per month and thus an estimated 400,000,000 - 500,000,000 podcast downloads per month.
Spotify picked up Joe Rogan exclusively for an unknown amount, though it's suspected to be in the range of ~100m$
Which have no doubt... IS A STEAL!
A multi-year contract with the MOST searched podcaster on multiple platforms and GROWING, generating nearly half a billion downloads a month, for ONLY 100m$.
- In a statement about the deal with Mr. Rogan, the company (Spotify) said his podcast was already “the most-searched-for podcast on Spotify and is the leading show on practically every other podcasting platform."
We're about to see not just a massive up-tick in Spotifys base subscriber numbers, but also their revenue, as they get to paste 15+ ads into each 2-3hr long podcast of EACH one of Joe's 1,550+ episodes that are now available for all to listen to on Spotify.
Watch for 10/29/2020...
> Beat on subscriber growth
> Beat on total user growth
> Beat on revenue
> Updated forward looking guidance
> Analyst price target upgrades
SPOT Long at $230, Demand ZonesVery simple. Many overlapping, fresh demand zones in here. Easy safe long at $230, for a lot of room up to the gap fill/supply zone at $263
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 mapped
#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.
$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 $340 Medium term
Spotify update If you took it when I gave out the signal at 250$ 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.
SPOT on watchPre earning momentum trade. Long if it breaks the box to targets.
Strong daily close even with a weak market.
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.
Jacob
$SPOT potential inverse head and shoulders$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 upside
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.
$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!
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(Disclaimer: I am not a financial advisor and this is not investment advice, this is my opinion only and is solely for entertainment purposes)
