Spotify (NYSE: NYSE:SPOT ) has announced plans to raise prices for its premium subscription service in multiple markets, including the United States. The news sent Spotify shares soaring by 6% on Wednesday, following reports from Bloomberg.
According to sources familiar with the matter cited by Bloomberg, Spotify ( NYSE:SPOT ) intends to implement price hikes...
KEY TAKEAWAYS
i. Spotify laid off 17% of its workforce in a third round of job cuts as it moves to contain expenses.
ii. The streaming music service already reduced headcount in January and June.
iii. CEO Daniel Ek blamed a changing economic environment that has created slower growth and higher capital costs.
Spotify Technology (SPOT) shares soared over 7% in...
Since 2019, the world's largest audio streaming company, Spotify (SPOT 0.73%), has been pouring money into the podcasting space with hopes of diversifying its business away from purely music streaming. These investments have included acquiring podcast studios, paying for exclusive shows, and even buying entire podcast distribution platforms like Megaphone and...
This is not an advice. Just my notes and thoughts.
First resistance is 140. I can hardly believe how low this stock is... I will hold my buy until it recovers.
Looking at the daily chart on Spotify, we can see a clear five-wave decline from the November 2021 highs to early May lows. We believe that a correction should take place, and recommend to go long at market, with stops below 89.00, targeting at least 140.00.
Hi,
Criteria:
1. Clean channel projection and couple of short-term rejections from it.
2. Round number $100
3. Liquidity area
4. Fibo Extension
Do your own research and if it matching with my TA you are ready to go.
Regards,
Vaido
NYSE:SPOT
SPOT has contacted Monthly Demand and is in line with the Monthly Demand that the S&P 500 has contacted.
There are several stocks that are currently aligned with the Monthly Demand of the S&P 500 ** See my profile for more stock scenarios**
SPOT has the potential to rocket with institution demand coming into play. This trade has the potential to reach...
#SPOT
Spotify has been struggle for quite a long time now and many people are pretty bearish on Spotify but when everybody’s bearish what does that mean?
Spotify’s been on a downward spiral since it’s highs back in early February.
When we zoom out and look at the higher timeframe previous resistance is now currently holding as support which could give a good...
The signals are have aligned to suggest a bottom.
Looks like a buy to me.
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
Hi Traders!
The chart above shows that the advance in Spotify from its September 2020 low has been taking the shape of the Elliot Wave five-wave impulse sequence, labeled (i)-(ii)-(iii)-(iv)-(v). The sub-waves of wave (iii) is also visible.
The price action follows the guideline of alternation quite well, wave (ii) is a sharp and deep correction and wave (iv)...
Buyers were able to pinch trough the flag's resistance level and thus trigger the formation.
Two scenarios in this case may follow:
1. Price tests again the figure and continues it's way up;
2. Price aggressively starts to rise and complete the flag fast with big volumes;
