Why I like Spotify stockI'm going to explain the reason I believe Spotify is a good investment, there's a few reasons. I'm basically using Spotify as a defensive anchor in my portfolio. First I'm going to explain the fundamentals, and the formula for this never changes. The discounted cash flow model, is a mathematical for
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137.88 THB
42.33 B THB
582.99 B THB
147.18 M
About Spotify Technology S.A.
Sector
Industry
CEO
Daniel Ek
Website
Headquarters
Luxembourg
Founded
2006
ISIN
TH0842121301
FIGI
BBG01XL6FWD8
Spotify Technology SA engages in the provision of digital music services. It operates through the Premium and Ad-Supported segments. The Premium segment provides subscribers with online and offline streaming access of music and podcasts on computers, tablets, and mobile devices. The Ad-Supported segment offers users with limited on-demand online access of music and unlimited online access of podcasts on computers, tablets, and mobile and smart devices. The company was founded by Daniel Ek and Martin Lorentzon on December 27, 2006 and is headquartered in Luxembourg.
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End of 3years of uptrend soon !?- NYSE:SPOT has been in an uptrend for last 3 years. It appears that it's running out of gas.
- NYSE:SPOT has sneakily increasing price of subscription for the last two years continuously which has propped up the numbers.
- I believe it will enter in correction territory very soon as soon as t
Spotify: Another breakout?Daily
An ascending trendline and higher highs formation confirm the uptrend.
Resistance: 765.49
Support: 675.47
MACD moving in bullish area
RSI bullish
Scenarios:
Bullish: if it closes above 727 and confirms with volume, we could see a breakout. However, SPOT failed to break out here. Might rete
Spotify: Potential Continuation PatternsSpotify rallied to a new high early in the summer. Now, after a period of consolidation, some traders may expect further upside.
The first pattern on today’s chart is the series of lower highs between June 27 and September 9. The streaming-media company pushed above the falling trendline on Thursda
This Is Why Spotify Is In The Radar Of Everyone NowThis Is Why Spotify Is In The Radar Of Everyone Now
NYSE:SPOT has been respecting a strong ascending channel, now testing a key resistance (white line) which could be part of a triangle chart pattern.
🔼 Bullish case : A breakout above resistance could trigger strong momentum and drive price to
in short... Short SPOTTechnically we are in a distribution phase.
Price battling around 50MA, once it fails it gonna test 200MA and bounce a little but gonna continue slide further more
Target 1 - 600
Target 2 - 500
Stop Loss - 760
No wonder if it goes further down to 400 or 300, we'll revisit this later.
When to buy the dip of Spotify?
Prices are at strong support, coinciding also with a 50% retracement level
A slight rise in RSI is a bullish sign
The convergence of the 50 and 20 day EMAs could be a source of resistance
Conclusion: let prices break above the 50 and 20 EMAs and wait for a retracement before buying
SPOT: Rebounding Off the 150 SMA -- Upper Channel Next?SPOT (Spotify) has been trading within a well-defined ascending parallel channel since late 2022. The recent dip brought price action close to the lower boundary of the channel, right at the 150-day moving average, which acted as support several times in the past.
This confluence between trendline
SPOTIFY-Turn the Music Up!NYSE:SPOT
Why did profit drop?
Spotify reported an operating loss of $75M — at first glance, that looks bad. But there’s logic behind it:
• Increased spending on marketing and podcast development (long-term investment)
• Higher royalty payments — short-term pressure
• Expansion of features and
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