$SPOT - RC -
Added 2024-10-27 12:33:18 +0000 UTCI would like to add $SPOT to the Top 20 list one day but at these levels now, I don't see a lot of benefit.
$SPOT joins $META and $NFLX with a very impressive V shaped recovery, what many would love to catch along their investing journey.....but there are moments where you need to accept that you missed the aggressive run and waiting for a pull back is the best course of action next.
As we did with $SHOP.
So I believe $SPOT can run to the 2.618 Fib at $425 but a pull back will be needed soon, so I have added in the amber support levels for this ABC pull back, with the 0.5 - 0.618 Fib range being the levels to enter when Wave C completes.
We would need to wait until the end of next year for this possibility.
