Spotify (
SPOT) is breaking out of a multi-month base into new all-time high territory. The structure is clean — a double bottom with three shakeouts and a volatility contraction on the right side, showing tight action before the move.
While recent earnings were underwhelming, the stock is being driven by a shift in narrative: Spotify’s push into audiobooks, AI content tools, and creator monetization is capturing investor imagination. This future-facing story, paired with improving user growth and strategic positioning, is outweighing short-term profitability concerns.
Volume is picking up as it clears resistance, relative strength is climbing, and moving averages are stacked bullishly. The broader risk-on environment is adding fuel to the move.
Trade Parameters:
Entry: 652.63 – 685
Stop: 623.87 – 608.59 (5–7% risk)
Target: 786.24 – 815 (2:1+ reward-risk)
SPOT) is breaking out of a multi-month base into new all-time high territory. The structure is clean — a double bottom with three shakeouts and a volatility contraction on the right side, showing tight action before the move.While recent earnings were underwhelming, the stock is being driven by a shift in narrative: Spotify’s push into audiobooks, AI content tools, and creator monetization is capturing investor imagination. This future-facing story, paired with improving user growth and strategic positioning, is outweighing short-term profitability concerns.
Volume is picking up as it clears resistance, relative strength is climbing, and moving averages are stacked bullishly. The broader risk-on environment is adding fuel to the move.
Trade Parameters:
Entry: 652.63 – 685
Stop: 623.87 – 608.59 (5–7% risk)
Target: 786.24 – 815 (2:1+ reward-risk)
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.