Spotify Inc.(SPOT:NYSE) Elliott Wave Technical Analysis 14 September 23
Spotify Inc., Elliott Wave Technical Analysis
Spotify Inc., (SPOT:NYSE): Daily Chart, 14 September 23
SPOT Stock Market Analysis: After a over 100% move to the upside, we have seen a sharp correction which was identified as either a wave 2 or B. At this point as we begin to resume higher, breaking the previous wave {b}, there is a possibility for at least five more waves to the upside.
SPOT Elliott Wave Count: Wave 3 of (A).
SPOT Technical Indicators: Below all averages.
SPOT Trading Strategy: Looking for longs into wave 3.
TradingLounge Analyst: Alessio Barretta
Source : Tradinglounge.com get trial here!
United Parcel Service Inc., SPOT: 1-hour Chart, 14 September 23
United Parcel Service Inc., Elliott Wave Technical Analysis SPOT Stock Market Analysis: Here’s a closer look at the advanced we’ve seen into potential wave {i}, as there seems to be a case for five waves to the upside, making the up move impulsive.
SPOT Elliott Wave count: Wave {ii} of C.
SPOT Technical Indicators: In between averages.
SPOT Trading Strategy: Looking for longs on the way up into wave {c}.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Waiting on a pull back to buy more, had 2250 shares before er, average was $118.
SPOT has historically traded very technically. It'll break support/resistance, re-test, then continue on it's way for a while.
up 12 out of 13 days hum losing money ... must be ready for a pullback at the minimum
Very nice article thanks. Do u believe they will increase gross margins in Q3?