Hutheus

IPO price support

Long
NYSE:SPOT   Spotify Technology S.A.
Next earnings will be better than anticipated due to the Joe Rogan/medias pessimism.
Based on my observation user numbers should be up significantly from the controversy rather than down.
Company has been making aggressive investments for growth as priority rather than focusing on bottom line for now.
Price/Sales = 2.86
Price is back to around IPO price, a good base for a bottom.
Potential Hidden bull div on the monthly.
TP1 239
TP2 314
TP3 464
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