SamSuka
The Long Investor
The Long Investor

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$SPOT

I am not seeing this bounce from $130 as anything more than a Wave B bounce, as part of its corrective wave.

It is not showing any hallmarks of an impulse structure either, so I think we see a rejection before $173 and this starts moving down again to complete Wave C and I think down to the 0.5 Fib at $125 is a sensinble level to expect...anything below this level and fans of $SPOT should consider scaling in....so this is a good stock for us to watch towards the end of this year.

$SPOT

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