$SPOT
Added 2024-11-11 20:38:04 +0000 UTCReports after the close tomorrow and it has been an absolute monster since the start of 2023
Same V shape recovery vibes as $META.
Price has already broken above its previous ATH blue line at $388 and is at $411 now
I always set the Wave 5 level at the 2.618 Fib as this is the high limit of a standard Wave 5 range......but we are seeing a lot of extended activity lately, the next important Fib level is the 3.618 Fib at $540
We can also see that this has formed a very large Cup and Handle formation since 2020 too, so it has just broken above this high....as we've seen from $HIMS and $PLTR, this has been bullish lately too
So a positive earnings could make this go extended too
If it does not, then we have the amber fib levels ready to show you where the pull back can find support
I would love to add $SPOT below $300
Comments
True .. it's my fave app though .. anyway .. great week here .. no one is complaining ✈️
TommyJR
2024-11-11 21:08:58 +0000 UTCWish I had more than just five shares of this monster 🥲will hold forever
Joey Celona
2024-11-11 20:45:29 +0000 UTCNo harm keeping to your strategy
Gareth Neary
2024-11-11 20:42:50 +0000 UTCI sold at 2fib .. rookie error .. having said that whatever I bought has done ok too
TommyJR
2024-11-11 20:41:04 +0000 UTC
