Tweezer top on SPOTThese two candles could make the next few days really interesting. Certainly going to wait for a close below or above. WE SHALL SEE. I'm a little bearish on this one... Shortby Reallifetrading114
SPOTIFY IPO; Ready for for a 30% gain after it's opening week ??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 for a breakout, ideally in the upper direction. There is the option for a breakout below of course, and a bottom retest, but it is my opinion this does not occur. It's first stop? It's 'ATH' on opening day (169), where naturally would anticipate a reaction/stall/retrace, and further continuation up to the next level (175), where I'd again see a stall, ?retrace?, before finally making its way to the 188 price level (green hash-line). Time frame for this is not relevant, but with the current markets volatility increasing, and this still a new issue, might happen sooner than later. It is here where depending on how price action moves at this level, I would determine if it makes it's way towards 200 or we see declines back towards the original breakout zone (green shaded area). Will update as price hits any of these levels, above or below. Excited to watch it play out. Let me know your thoughts or if anyone is buying :) (full disclosure: I do not own this stock at time of analysis, nor do I intend on purchasing at any time; consider for education only) ** These are based off current support resistance, supply and demand, and measured/forecasted moves.Longby ProSTradesUpdated 3
#Spotify doesn't look right...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. Shortby finvizclub331
Potential day trade on SPOT We set up a NICE ONE yesterday. Let's see if this pulls back into our short. I'll leave it open a max of 50 mins... Shortby Reallifetrading1
SPOT potential day tradeNice retestgap I'll leave open for about 15-30 mins...Longby Reallifetrading338
SPOT | Iron CondorHigh IVR commanding rich premiums Max gain > max loss Volume very for IPO, seems to be settling but could go anywhere by msmith033520
Spotify(SPOT) inside day after IPOSPOT and DBX are 2 IPOs that the market put the most focus on this year. DBX got an inside week to trade, and SPOT got this inside day. Momentum trade is one of the most effective way to trade IPO stocks, we often traded the 1st inside bar after the IPO (Usually first inside 5 /inside 15) If it's shortable, the first inside 15 on the IPO day was OUTSTANDING! So now there is the first inside day after IPO, and given that it's probably hard to borrow for most of traders, I only looking forward to trading the breakout! If it broke 144.5 before the inside day breakout out, this trade doesn't exist anymore! Longby Trader_Joe_LeeUpdated 6
Bye Bye Spotify :) <---- THE NEW SNAP CHAT!The Game Is On! Tomorrow, shorting 100 shares of Spotify Premarket. Shortby UnknownUnicorn1020621Updated 779
SPOT daytrade?!??!First time ever, playing it or setting it up. Certainly not a LONG term position (yet)...Longby Reallifetrading2
SPOT - Measured move to 168 TGTSPOT could potentially challenge its IPO highs from this pattern.Longby yelf2
SPOT is finding its valueNeutral and observing, took a gamble and do have some skin in this game so watching how it develops.by trumpreich2
SPOT Seems a bit ridiculousJust another way for VC to get their money back. Wonder how low it will go?by UnknownUnicorn4615201
Spotify: $120 Aim & ReboundSpotify recently went down greatly in price, however, this is also affected by recentness of their IPO as well as activity going on in the DOW Jones. Currently, they are still emerging in market acceptance and are expected to rebound at a price of around $120, with expectations of some very long term potential positive correlations. It is medium to high risk but fairly investible for a short target (given little stock history)Shortby gamer4561481
SPOTIBUYChannel down Breakthrough resistance --> nice price, buy the shite outta it fam uk.tradingview.comLongby Rubixx0
Thoughts on SPOT! OBSERVE and SHORTOnly cons here: 1. They will go down 2. They are competing against AMZN, AAPL, and GOOGL 3. Only stupid people would pay 160 for this stupid app's stock 4. They are making Loss 5. OVERPRICED and OVERHYPED 6. The Only hope is an acquisition by one of the FANGS Illuminati really wants to short this to the ground and Illuminati will, but we will see where it goes first. Shortby UnknownUnicorn1020621Updated 992