Diving into SPOT, if you've been in this stock this year you've probably been pretty happy with the performance. With a number of big product releases and the effects of JOE ROGAN and MICHELLE OBAMA signing exclusive deals to drive subscribers, the stock pumped so fast from around $180 to nearly $300, that if you blinked you probably missed it. Well, what now?...
SPOT Long Ideal Entry Level: 228.27 Price Target: 258.87 Stop Loss: 226.69 Contract: 10/16 270 calls (1.2k volume Today) Risky Contract: 9/25 240 calls
My buy zone and target for Spotify (Not financial advice)
Missed out on this one earlier this year as would've loved to have gotten in once it broke that $160 level but had funds tied in other positions. Nonetheless, we're always watching and it looks like we may get another chance at a descent move in $SPOT. Remember, Spotify is like thr Netflix of streaming music. There's plenty of streaming music services but Spotify...
Spot Gold hourly chart depicting mild bearish MACD cross over ;RSI at 43 ;immediate support at $1,936, if taken out then we will see it move towards $1924 and then $1,910 unless we see a MACD crossover changing the direction, keep your stop at $1,955
Cardano is looking very promising for mid-term and bull trend should resume soon. Also, 100EMA seems to be holding the price, as long as we are above it we should keep up. You can operate it on Spot or Margin with low leverage (up to 5x). Current Price= 0.00001030 Buy Entry= 0.00001040 - 0.00000966 Take Profit= 0.00001248 | 0.00001443| 0.00001782 Stop Loss=...
I am always hesitant to post on things I am in love with -AMZN MSFT NVDA AMD CRWD OKTA, etc; I have really nothing to offer but bullishness! Only when a setup on these is strong enough do I actually post (AMD for example, didn't post AMZN - seems like everyone on TV was already). Generally I am always in a rush to share something that I don't have a bias on as I...
$SPOT is at an incredibility strong resistance point. MACD is just now crossing over. Looking like a strong swing.
$SPOT Spotify Possible Weekly Bull Flag Long-legged doji reversal candle last week. This week currently green. Will be monitoring for a weekly close above ~$262 area for confirmation of bull flag breakout. Medium term target: $340-$360 range possible by late Oct Note: Not investment advice.
Spotify is breaking out of a descending wedge today. The stock price is also showing good relative strength on a weak day in the market for most growth names. Low risk setup with a stop at the low ~$246 (3.5%).
Week of 7/27 is full of E/R that will surely swing the market. Even though we had some bearish macro indicators emerge during the week of 7/20, I'm expecting speculators to continue to bet on tech this week. Being said, I have prepared a rough draft of my trade plan for $SPOT this week. Would love some feedback in agreement or disagreement.
I WOULD WAIT FOR 300 TO BREAK AND HOLD TO GO LONG, OR YOU CAN GO LONG IF SPOT CAN BACKTEST 285.
there's a chance for a rise in GBPJPY. so riding on the flow and trying to cash in some greens let's see how this day rolls :)
SPOT HAD A STRONG CLOSE ON FRIDAY, CLOSED OVER 271 RESISTANCE. AS LONG AS SPOT HOLDS OVER 271 IT CAN MAKE A MOVE HIGHER TOWARDS 300 THIS WEEK. TRADE IDEA: 282.5C 7/10, 290C 7/10