nicktussing77

SPOT EARNINGS CHART - SPOTIFY TRENDS

Short
BATS:SPOT   Spotify Technology S.A.
SPOT chart for earnings. IMO, it probably see a rejection around 152ish and then drops down to buy zone 1. After buy zone 1, the return takes it back around 142-147.

Due to the nature of earnings, we could potentially see the drop to 126 all within the AH

Earnings potentially takes it down all the way to 102.

It's hard to say that earnings pumps, and the reason for that is due to the tech sector. Most tech stocks heading into earnings look like a small pump, followed by a decent sized retracement.

Potentially this, it would allow for some great movements, and trade setups.


Comment:
I got this chart totally wrong, pretty much exactly backwards.

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