SPOT looks good to short to $270. IF we break $270 then SPOT will fall to $264 to fill that gap
Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including...
Sell now Buy level $200.72 Profit 23% Stop Loss 4.5% Wish you luck !
$SPOT time and time again has shown solid technicals. Starting from late 2018 it has traded within its volatility box up until May this year when it broke through $162 with conviction. It then continued to trade within another volatility box up until June, before positive news catalyst pushed it up to trade at around $275 today. It looks read to break out of its...
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
Congrats to Spotify. Here's a fact I just read: they are the first European tech company to hit a market cap of $50 billion. Hopefully this inspires more apps and tech improvements like it out of Europe. How much higher can it go? I don't know. But he breakout is really fascinating from a tech perspective and global story. There is a lot of bad news out there,...
Weekly technical analysis along with another huge options play. Please refer to the related SPOT idea below to see the entire play. We Hit Thoseeeee DotcomJack | Easy Loot
Spoify ( NYSE:SPOT ) Technical Analysis & Option Coverage Spotify brings real-time lyrics to 26 countries, not including the US The Play: - Short-term: Estimated Time: 11 Days Max SPOT $270 Call @ $235 per contract or SPOT $270 Call @ $610 (more time) - Long-term: Estimated Time: 3 weeks SPOT $300 Call 7/24 @ $480 per contract Let's keep this one short...
SPOT has reached oversold conditions at 76.65 RSI on new highs. It has massive gains in the last two days of 21%. I will call for a correction. If you bearish the follow Targets are 38.2% correction at $217.48. (5.57%) Second Target $210.09 with 50% retracement with or (-9.48%) correction Last Target $202.12 with a 61.8% retracement and (-12.48%)...
$SPOT broke $198.99 out last week with huge volume. It may do some pull backs test before it goes up 12 months Consensus Price Target: $171.50 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge.
Long Term - go long, but wait the end of the price retracement - always invest in the trend direction - if it is possible. Short term, go short as per below suggestions: Retracement Price Stage: Using Fibonacci Speed Fan. Target Price 1 - 220 USD Target Price 2 - 205 USD Fundamental News: Spotify Technology SA (NYSE: SPOT) gained this week after The Wall Street...
🤔 Very critical crossroads of two major support levels for streaming platform Spotify. Key focus is the red circle, 177.94. If broke I'd look to short as that would break horizontal and upward channel support. Could lead to a drop towards 156. I would watch this on a 3 hour timeframe to see if it wants to curl or break based on the Crossover strategy and the ema...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, here are a few insights. Since Spotify was already mostly on a bullish run, and the market had a chance to retrace from most of the noise, I am using a $160 to $180 price as a metric not $190. If you look at 20/160 you get...
LONG Entry 1: 134.x (Reward/Risk: 1.1) Entry 2: 121.x (Reward/Risk: 2.1) SL: 105.x TP: 149.x
Look Daily under 200 EMA 20 will be crossing 50 EMA Look what happened around late August. ER whispers around the block not sounding the best. Am Short. Look at the strong support Nov 18' & May 19' where there is ALSO a gap that can be filled around 120. That's my target. Thanks for listening.