One of the stocks we have been looking to Sell Puts on is Spotify. There are several reasons to like the stock with it being one of the potential growth stocks over the next couple years. Like Netflix, Spotify has the potential to really make waves in the music industry and it is one of the stocks I want to own for the longer term in my aggressive growth...
I'm a big fan of Apple personally, but when it comes to music, Spotify is the one for me! On a data basis, the Megalodon is giving us the green light to buy Spotify! For information on how to use the Megalodon for yourself, send me a message!
As it always happens. It has been a rough time since IPO for the renowned music streaming service. It’s hard to estimate the “true” value for a company like that. While everyone was ecstatic when it only become listed. The biggest and only one music service on the market.
Now what we see is when people realize that it also should bring profit. And now what we see...
www.tradingview.com Setup of Beeskneessteell™
StopManagement by RuChezRu™
Wait and Watch for TriceBarGain™ Setup/Confirmation
If I purchase today:
W/ Leverage 1:5
Long: MarginLevel 250%
2% in Margin
(126.75 last bottom)
StopLoss: MarginLevel 245.30%
Loss ≈–1.93% of position ≈–0.03‰
Loss $2.39/Lot + StopLoss
$SPOT has dropped almost 35% in a matter of weeks (along with everyone else). They have broken all-time-lows first seen during the first days, but have since recovered to the previous ATL @135. It's basically fallen in a nice downward channel, I'd watch this to hold support and consider entering long for the midterm when it breaks out of the channel. RSI and...