So yesterday at the market open, my limit buy order on $SPOT (long) triggered on the breakout, buy price at $184.34. RSI in bullish zone & shows higher lows on the bigger price dips. Open target, exit when trend is broken. Stop for now at $178.22.
Price left a huge HAGOPIAN to the downside and stopped spot on at the U-MLH. As the earnings approach, I don't want to trade this vehicle, but wait what happens after. P!
Green arrow entry, Red arrow exit. Just about 1:1 RR. #Micromanaging #SPOT
Buckle your seatbets ladies and gentlemen, The rocket is about to depart www.tradingview.com
Good time to short Spotify again...shows a nice Harmonic BAT. PIN bar formed 171.85, price failing..mostly it will open bearish. Short in the next red candle. Max it it go up to fib 1.618. Target price all to 160 levels.
I like this double bottom on SPOT. I'm taking this for a swing trade using options that expire next month. This should at least get to the 160 level.
Break through happened next target 170 where the crossing will be happening. www.tradingview.com
Spotify... the newest streaming music service to hit the NYSE via a nontraditional IPO I have no fundamental analysis on this besides that they have a student subscription program that will 'hook' the next generation and a partnership with Hulu to incentivize membership gains. Looks like we have made a clean break of a wedge here; can we test the 1.618...
BUY BUY BUY --> next target 165 then sell 80% wait for correction 155--> buy all in wait til 300--> sell, enjoy life with spotify songs www.tradingview.com
Predicting for next 1 month of Spotify stocks. I this the sotck will after 06.05.2018 go up to next level on 175 and 180
Not a fan of stocks, but love watching IPO's: NYSE:SPOT just released this week; here's my take on the chart after it's first week of trading... Price action has now put our first bottom in place, where I'd expect 134 to be the HARD floor price before any further declines. However, the range (green shaded zone) from the past 2 days, 'IMO', is the catalyst...
Not of a big fan of their methodology for going IPO. It just seems like they're trying to sell their shares at almost $30 billion in market cap... This is almost as big as $SNAP during IPO. Financials don't look impressive either. I'll be considering a starter position with some put options and will add either on the earnings gap up or down.
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