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JunJie2525
2023-08-11

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Spotify Inc.(SPOT:NYSE) Elliott Wave Technical Analysis 10 August 23

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Spotify Inc., Elliott Wave Technical Analysis Spotify Inc., (SPOT:NYSE): Daily Chart, 10 August 23 SPOT Stock Market Analysis: We’ve seen a large advanced to the upside into what seems to be either a wave. 1 or A. At this point we can look for a pullback into 2 or B. SPOT Elliott Wave Count: Wave {c} of 2. SPOT Technical Indicators: 200EMA as support.s SPOT Trading Strategy: Looking for longs once we have a clear picture on the type of correction of potential wave 2 or B. TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! Spotify Inc., SPOT: 4-hour Chart, 10 August 23 Spotify Inc., Elliott Wave Technical Analysis SPOT Stock Market Analysis: We could either be in wave (c) of {a} or else in wve {c} of 2 as labelled. I would not be surprised to find a double correction lower. The area of support on the left is around the area of wave {iv}. SPOT Elliott Wave count: Wave {c} of 2. SPOT Technical Indicators: Below all averages. SPOT Trading Strategy: Looking for longs once we have a clear picture on the type of correction of potential wave 2 or B.

Spotify Inc.(SPOT:NYSE) Elliott Wave Technical Analysis 10 August 23

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At this point we can look for a pullback into 2 or B. &nbsp;</p>\n<p><strong>SPOT Elliott Wave Count</strong>: Wave {c} of 2. &nbsp;</p>\n<p><strong>SPOT Technical Indicators:</strong> 200EMA as support.s</p>\n<p><strong>SPOT Trading Strategy: </strong>Looking for longs once we have a clear picture on the type of correction of potential wave 2 or B.</p>\n<p><strong>TradingLounge Analyst: Alessio Barretta</strong></p>\n<p>Source : Tradinglounge.com get trial here!</p>\n<p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/58afc7e07ad0f4d39428e7651f081d72\" tg-width=\"780\" tg-height=\"752\"></p>\n<p></p>\n<p></p>\n<p></p>\n<p><strong>Spotify Inc., SPOT:</strong> 4-hour Chart, 10 August 23</p>\n<p><strong>Spotify Inc., Elliott Wave Technical Analysis</strong> <strong>SPOT Stock Market Analysis:</strong> We could either be in wave (c) of {a} or else in wve {c} of 2 as labelled. I would not be surprised to find a double correction lower. 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