SPOT at big level to watch$SPOT - At 100ema, also big resistance level, lets see if this become support too, up side target 348 & 370, downside 245 & 227
4SPOT trade ideas
Keep Spotify on your watchlist..!We see Spotify for the 4 the time in the last year touched the trend line and bounced back. In the last two days it made higher high + higher low pater which is in favor of finished correction!
Wait for close daily candle closure above 345 for safer entry point.
Spotify Stock to Lose Half of its 2020 UptrendIs this a good time to join Spotify bulls? Let’s see how the situation looks like from an Elliott Wave perspective.
The daily chart above puts Spotify advance from its December 2018 low in Elliott Wave context. The chart reveals that the uptrend from the 2018 low at $103.66 is shaped as a complete five-wave impulse. The pattern is labeled 1-2-3-4-5, where the five sub-waves of wave 5 are also visible.
There is also a good alternation between the correction, wave 2 is a time-consuming flat pattern that completed during the coronavirus panic of 2020, and wave 4 is a sharp zigzag move. According to the theory, a three-wave correction follows every impulse.
The corrective phase of the Elliott Wave cycle typically erases the entire progress achieved by the fifth wave. Applying this to SPOT stock makes us expect a decline back to the support of wave 4 near $220 a share . If this count is correct, a ~43% drop from the top at $387 seems to have just begun. The double bearish RSI divergence between waves 3 and 5 also indicates the bulls are running out of steam
What's your view on Spotify Stock? Let me know in the comment section.
Thanks for reading!
Veejahbee.
SPOT: Gann + Fib ResistanceWell I am typically bullish on SPOT I do believe market wind correction is on the way in Spotify will not be exempt. Price appears to have reached a couple different points of resistance and it is likely that price will retreat to the central 1/1 Gann angle on the chart.
Also, many other signals I typically look for are present - bearish div on multiple time frames, 3rd wave matches oscillator peak, price touch at fib level with high probability of reversal. Cautiously bearish for now.
Counter: The shape of the move resembles a flag and the 2.618 fib is not entirely out of play yet for buyers...
Spotify Technology S.A-> Analysis of 21 Feb.
-> Good Evening Friends, here is my Daily-Chart Analysis to Spotify Technology S.A. . -> (all further information can be found in the chart)
-> Please note: These analyses are not intended as investment recommendations! The analyses presented by me are in no way to be understood as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. Many thanks for your attention
Basics of technical analysis: Support and resistance.I wanted to give some insight to those new traders out there of what I look for in trades. I trade technical breakouts and it has worked really well for me. If you have been curious or stuck on what support and resistance look like or needed some reassurance, this video is for you. I will do more in depth videos in the future.
www.investoratlas.co
$SPOT CALMANEW YORK--(BUSINESS WIRE)--Spotify (NYSE: SPOT) today announced that Mona Sutphen will join the Spotify Board of Directors in April of 2021, subject to shareholder approval. Ms. Sutphen is a private equity advisor and a co-founder/advisor for several technology start-ups, and was a senior White House official during the Obama Administration.
“Mona has built a career in both the private and public sectors advising leaders on international and U.S. domestic policy, technology, macroeconomics and trade, and human rights...and that’s just the tip of the iceberg,” said Daniel Ek, Spotify Founder, CEO and Chairman of the Board. “Mona will bring a new and highly valuable perspective to the Board as we focus on driving our strategy forward during this time of exceptional change around the world.”
“I’m very much looking forward to joining the Spotify Board of Directors,” said Ms. Sutphen. “Spotify has been a revolutionary force and impressive innovator in the audio industry, transforming the content landscape globally. I’m excited to be a part of its continued evolution and expansion.”
Ms. Sutphen is currently a Senior Advisor at The Vistria Group, a Chicago-based private equity firm, and is a venture advisor and co-founder of several technology start-ups. Previously, she was a partner at Macro Advisory Partners (MAP), where she led the firm’s U.S. practice advising leading global corporates on emerging risks and opportunities across a range of sectors, including technology platform regulation, market entry strategies, and political dynamics and regulatory risks in the U.S., China and Europe. Prior, Ms. Sutphen was a managing director at UBS AG, where she developed new tools for political risk evaluation impacting capital markets.
From 2009 to 2011, she served as White House Deputy Chief of Staff for Policy for President Barack Obama, advancing the administration’s policy and regulatory agenda including on technology policy, and served on the President’s Intelligence Advisory Board from 2013-2016. Ms. Sutphen is an Independent Director for Pattern Energy and a Trustee of Putnam Mutual Funds. She is a member of the Council on Foreign Relations, serves on the Boards of the International Rescue Committee and Human Rights First, and is a Trustee of Mount Holyoke College.
The appointment is subject to shareholder approval at Spotify’s Annual General Meeting on April 21, 2021.
About Spotify Technology S.A.
Spotify is the world’s most popular audio streaming subscription service with a community of more than 345 million Monthly Active Users and 155 million Premium Subscribers. With a presence in 93 markets, and more than 70 million tracks including 2.2 million podcast titles, it has transformed the way people access and enjoy music and podcasts.
$SPOT CALMA NEW YORK--(BUSINESS WIRE)--Spotify (NYSE: SPOT) today announced that Mona Sutphen will join the Spotify Board of Directors in April of 2021, subject to shareholder approval. Ms. Sutphen is a private equity advisor and a co-founder/advisor for several technology start-ups and was a senior White House official during the Obama Administration.
“Mona has built a career in both the private and public sectors advising leaders on international and U.S. domestic policy, technology, macroeconomics and trade, and human rights...and that’s just the tip of the iceberg,” said Daniel Ek, Spotify Founder, CEO and Chairman of the Board. “Mona will bring a new and highly valuable perspective to the Board as we focus on driving our strategy forward during this time of exceptional change around the world.”
“I’m very much looking forward to joining the Spotify Board of Directors,” said Ms. Sutphen. “Spotify has been a revolutionary force and impressive innovator in the audio industry, transforming the content landscape globally. I’m excited to be a part of its continued evolution and expansion.”
Ms. Sutphen is currently a Senior Advisor at The Vistria Group, a Chicago-based private equity firm, and is a venture advisor and co-founder of several technology start-ups. Previously, she was a partner at Macro Advisory Partners (MAP), where she led the firm’s U.S. practice advising leading global corporates on emerging risks and opportunities across a range of sectors, including technology platform regulation, market entry strategies, and political dynamics and regulatory risks in the U.S., China and Europe. Prior, Ms. Sutphen was a managing director at UBS AG, where she developed new tools for political risk evaluation impacting capital markets.
From 2009 to 2011, she served as White House Deputy Chief of Staff for Policy for President Barack Obama, advancing the administration’s policy and regulatory agenda including on technology policy, and served on the President’s Intelligence Advisory Board from 2013-2016. Ms. Sutphen is an Independent Director for Pattern Energy and a Trustee of Putnam Mutual Funds. She is a member of the Council on Foreign Relations, serves on the Boards of the International Rescue Committee and Human Rights First, and is a Trustee of Mount Holyoke College.
The appointment is subject to shareholder approval at Spotify’s Annual General Meeting on April 21, 2021.
About Spotify Technology S.A.
Spotify is the world’s most popular audio streaming subscription service with a community of more than 345 million Monthly Active Users and 155 million Premium Subscribers. With a presence in 93 markets, and more than 70 million tracks including 2.2 million podcast titles, it has transformed the way people access and enjoy music and podcasts.
Spotify BreakoutLooks like SPOT is breaking out of a nice base-on-base pattern. People are probably sleeping on this one after it has been quiet for months
SPOT break out. In my live stream. I covered this stock in my live stream the other day and it has made a huge move. Ripping through the 340-350 level and shows no sign of slowing down. Join me this Saturday for another round of market screening!
If your interested in my watchlist visit investoratlas.co
$SPOT Bullish Wedge: Watch For A Breakout$SPOT formed a bullish wedge. Watch for a breakout of the consolidation for upside continuation. Extended target is $400. Good luck!
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
$SPOT - Flagging Above Support$SPOT looks like there may be a continuation to my previous target.
Adjusted the chart based on today's and I'm targeting 100% fib extension for first exit, 1.618 as second target.
Will update the chart once we get to the 100%.
Spotify Set To Rally 20% In The Shorter CycleHi 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) unfolded as a shallow and sideway corrective pattern.
If this count is correct, impulsive price action above $350.33 will signal wave (iv) is complete and $SPOT is heading higher in wave (v) to complete the impulse sequence. Targets above wave (iii) high and $400/share is plausible in the weeks ahead.
What's your view on $SPOT? Let me know in the comment.
Thanks for reading!
Veejahbee.
SPOT Future 2/19 Price target of 330-350. Bounced off support of 310 nicely on Friday and continued today. Looking for another strong day tomorrow as RSI inches towards the middle-over bought zone.
SPOTIFY TECHNOLOGY: How to use wave analysis to forecastHello community we are about to see at least 20% increase in this stock. It may even go more, because the abc corrective structure is complete, so i expect a bull run or an abcde corrective structure in which all structures are bullish. As the pattern develops i will keep this idea updated, so like, comment, follow so you don't miss any update. Thank you.
SPOT looking weakSPOT looking weak here, it's been falling since the earning miss. I want to see it break 305 for a test of ~295 and to potentially get to the 100 day.
