SPOT Price Action | Strong Support, Tight Stop, Open Target!🎧 SPOT | Thief Trader Profit Playbook 💰
“When Music Meets Money — Spotify’s Chart Is About to Drop Beats & Gains!” 🎵📈
🧭 Plan:
Bullish Bias — Thief-style layered accumulation for a smart entry!
We’re eyeing SPOT (Spotify Technology S.A.) for a potential swing/day trade move north.
🎯 Entry (Layering Strategy)
💎 The Thief Strategy uses multiple limit layers to build a strong position.
Here’s the sneak-in setup (choose your own comfort):
🧩 Buy Limit 1 → $670
🧩 Buy Limit 2 → $680
🧩 Buy Limit 3 → $690
(You can expand layers based on your risk appetite — remember, thieves adapt!) 😎
🛑 Stop-Loss (Thief’s Safe Escape)
This is the Thief SL @ $650
⚠️ Note: Dear Ladies & Gentlemen (Thief OG’s), this is not a fixed SL — trade smart, manage your own risk. You make money → you take money. 💼
🎯 Target Zone (Police Barricade 🚓)
Target: Around $740
The chart shows a strong resistance + overbought area + possible trap zone — that’s where the police barricade is! 🚧
Escape with profits before they catch your bags! 💨💰
⚠️ Note: Again, Thief OG’s — this is a flexible TP zone, not financial advice. Secure your profits when the opportunity sings! 🎤📊
🧩 Correlated Pairs to Watch ($)
Keep an eye on these correlated tickers for extra confirmation or sentiment cues:
NASDAQ:NFLX → Streaming sector momentum 🎬
NASDAQ:AAPL → Tech sentiment driver 🍏
NASDAQ:MSFT → Market leader correlation 🖥️
NASDAQ:META → Digital ad revenue influence 💬
NASDAQ:QQQ / AMEX:SPY → Index health check 💪
These tickers often dance together in the same rhythm — when the tech sector grooves, SPOT follows the beat! 🕺
⚙️ Technical Key Points:
Bullish structure holding above $650 zone support 🧱
Momentum strengthening after pullback retest 🎢
RSI mid-zone recovery — not yet overbought, potential room to run! 📈
Volume showing accumulation footprints 👣
✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!
⚠️ Disclaimer:
This is a Thief-style trading strategy, shared for educational & fun purposes only.
Trade responsibly. I’m not your financial advisor — I’m your chart burglar! 😜💼
#SPOT #Spotify #SwingTrade #DayTrade #StockMarket #ThiefTrader #LayeringStrategy #TechnicalAnalysis #BullishSetup #TradingView #EditorPick #ProfitPlaybook #SPY #QQQ #NASDAQ #StocksToWatch
Spotifytrading
Spotify: Target Zone AheadSpotify has already come quite close to our turquoise Short Target Zone (coordinates: $725.67–$829.30). In our primary scenario, we continue to expect further upside in the near term, as the projected peak of wave B should materialize within this zone—a range that could present opportunities to lock in long-side gains or initiate short positions. Once the top is in place, we anticipate a more pronounced downward move. The focus then shifts to the magenta Target Zone (coordinates: $452.69–$390.93), which we consider a potential accumulation range for new long positions. That said, we’re also monitoring an alternative path, currently assigned a 36% probability. In that scenario, magenta wave alt.(5) would already be underway—meaning prices would bypass the magenta zone altogether.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
Spotify stock falls more than 11% after earnings releaseSpotify's stock has shown significant price weakness and is now trading below $600 per share, shortly after a large bearish gap formed following the release of its quarterly results. The company reported earnings per share of €1.07, below expectations of €2.13 per share. Additionally, Spotify projected operating profit for Q2 at €539 million, under the market estimate of €557 million. The earnings miss and weak forward guidance have led to persistent bearish pressure, triggering strong selling momentum in the short term.
Uptrend Weakens:
Spotify has been in a consistent uptrend since around November 2022. However, in recent months, buying pressure has failed to push the price to new highs, with the stock now trading in a lateral range that signals a period of price consolidation. If the uptrend continues to stall, this neutral phase may extend in the short term.
ADX:
The ADX line has started to show early signs of neutrality, hovering around the 20 level. This indicates reduced volatility over the past 14 trading sessions. If ADX remains in this range, it suggests that price neutrality could persist.
RSI:
A similar condition is seen in the RSI, which has reached the neutral 50 zone—where bullish and bearish momentum are in balance. This reinforces the neutral sentiment and may support continued sideways movement in upcoming sessions.
Key Levels:
$640: The most recent high. A breakout above this level could signal a continuation of the long-term uptrend.
$540: Current support level, aligned with the 100-period simple moving average. Stability here may support ongoing consolidation.
$480: Major support at recent lows. A bearish move back to this level could trigger a fresh selling trend in the short term.
Written by Julian Pineda, CFA – Market Analyst
Spotify (SPOT) Shares Rise by Nearly 7%Spotify (SPOT) Shares Rise by Nearly 7%
According to the stock chart of music streaming giant Spotify (SPOT), the share price:
→ Increased by almost 7% by the end of trading on Friday.
→ Has surged approximately 28% since the start of 2025—one of the strongest performances in the stock market.
→ Has nearly doubled over the past 12 months.
Why Is Spotify (SPOT) Stock Rising?
As we noted late last year, investors have responded enthusiastically to the launch of the “Premium” plan, which offers higher-quality, ad-free music streaming and is expected to boost the company’s revenue.
Additionally, on Friday, Spotify announced that it had paid out around $10 billion in royalties to artists during 2024. By comparison, in 2014, this figure was “just” $1 billion.
Technical Analysis of Spotify (SPOT) Stock
Drawing a parallel with musical notes on a staff, the price action appears to be playing a "bullish melody," rising while interacting with a structure of four ascending lines that alternate between support (one of many examples marked with an arrow) and resistance.
In March, the price tested support at Line Two, which was reinforced by the psychological level of $500 per share. If bullish momentum remains strong, buyers may attempt to push the stock back into the range between Lines Three and Four.
Spotify (SPOT) Stock Forecast
According to TipRanks:
→ Analysts have an average 12-month price target of $671 for SPOT shares.
→ 17 out of 26 analysts recommend buying SPOT stock.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
SPOTIFY: Enormous upside potential.Spotify opened on a huge price jump following the much better than expected EPS and is approaching the July 19th High (182.65). Technically it turned bullish on its 1D outlook (RSI = 65.875, MACD = 1.600, ADX = 16.057) and a new long term uptrend seems secured as yesterday's rebound started after a clear hit and bounce on the HL trendline.
Price wise it looks like the arc pattern of November 2022-January 2023, which after the Resistance break, reached as high as the 2.0 Fibonacci extension. We have every reason to expect a similar long term rise to Fib 2.0 (TP = 235.00).
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