Jump to content

Spotify Inc.(SPOT:NYSE) Elliott Wave Technical Analysis 14 September 23


Recommended Posts

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
 
SPOT_9_14.thumb.png.77d839a29e40bd0fc1aa51260c4e3565.png
 
 
 
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}.
SPOT_1H.thumb.png.b9f7839b9a4ea0016955920047c08609.png
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      22,982
    • Total Posts
      95,297
    • Total Members
      43,586
    • Most Online
      7,522
      10/06/21 12:53

    Newest Member
    aroyi
    Joined 22/09/23 05:49
  • Posts

    • Hi @Sureforex Thanks for sharing a great post.   All the best - MongiIG
    • Additionally, you can explore SMM services, which offer the cheapest instagram comments and followers. This can expand your audience and drive traffic to your website through your Instagram page. By diversifying your approach, you can strengthen your online presence and attract more users to your site. 
    • Some indices in Asia saw a modest rebound, but the ASX200 and Nikkei continued to fall, following on from yet more heavy losses in the US. Stocks continue to take a battering from the realisation that the Fed would leave US rates at their current levels for a longer period than previously thought, leading to a reversal in equities and a resumption of the losses seen in the early part of September. Today's data is dominated by flash PMIs from around the globe, in the wake of a Bank of Japan statement that left policy unchanged and maintained its dovish outlook. While US futures have recovered slightly, European markets seem set for a choppy open.  
×
×
  • Create New...
us