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Asset: SPOT (Spotify Technology S.A.) - NYSE
Direction: BULLISH 📈
Strategy Type: Swing/Day Trade
Setup Style: The Thief Method (Layered Entry Strategy)
🕵️ The Thief's Entry Plan
Instead of going all-in at once, we're using a multi-layered entry strategy to average into the position:
💰 Buy Limit Orders (Layer Your Entries):
Layer 1: $670.00
Layer 2: $680.00
Layer 3: $690.00
Pro Tip: You can add more layers or adjust based on your risk appetite and account size. Split your position across these levels for optimal risk management!
Alternative: Jump in at current market price if momentum confirms bullish continuation.
🛡️ Risk Management
⛔ Stop Loss: 650.00
This is the Thief's emergency exit! However, adjust your SL based on your own risk tolerance. Trading is personal - make decisions that fit YOUR wallet and risk appetite! 🎲
🎪 The Prize: Target Zone
🚨 Take Profit Target: 740.00
Why this level?
The $740 zone is acting as a POLICE BARRICADE 🚔 (strong resistance level) combined with overbought conditions. This is where you escape with the loot before the trap springs! Don't get greedy - secure profits when the market gives them to you.
Reminder: This is MY target, not financial advice. Scale out, take profits, and manage YOUR trade YOUR way! 💼
📊 Technical Analysis Breakdown
Spotify is setting up beautifully for a bullish move. The layered entry approach allows us to capitalize on any pullbacks while positioning for the upside breakout toward $740. Watch for:
Volume confirmation on the move up
Holding support at entry layers
Momentum shift at resistance zones
🔗 Related Assets to Watch
Keep an eye on these correlated pairs for market context:
AAPL - Tech sector momentum indicator
NFLX - Streaming services peer, shows media/entertainment sentiment
GOOGL - Digital advertising correlation (impacts Spotify's ad revenue model)
META - Social media/digital platform sentiment gauge
QQQ - Tech-heavy Nasdaq index for overall sector health
These assets can give you clues about risk appetite in the tech and media streaming space!

A rejection here could initiate a new downward move toward macro support at $585–$610.
Chart: tradingview.com/x/lT8L2EFr/
