Category Archives: SPOT-25-04

Spotify … A Second Look

December 9, 2025 By in AZO, ORLY, ORLY-25-01, SPOT, SPOT-25-04, Up-Thrust, Wyckoff 2 Comments

New Target(s)

Even as yesterday’s update was being released, SPOT price action started negating the analysis.

So, let’s take another look to see if opportunity lies ahead.

Before getting started, note auto parts (AZO, ORLY) are down hard in today’s session; the potential for which, indicated just two days prior.

Spotify SPOT, Daily

A push above the 603 – 604, puts SPOT in Wyckoff ‘up-thrust’ condition while at the same time, being at the 23.6% retrace level.

When looking at the long-term quarterly chart (not shown), there’s significant resistance at the 615.6 area (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

SPOT(ify) in The Channel

December 8, 2025 By in SPOT, SPOT-25-04 1 Comment

Already Down, Over -29%

The last update on Spotify was back in August, link here.

SPOT’s down another – 20% since then, and over -29%, from the all-time highs.

The chart shows we’re in a trading channel.

Spotify SPOT, Daily

At this juncture, downward thrust (net) distance is slowing somewhat.

However, price action is near the right downtrend line and may pivot lower to confirm (not advice, not a recommendation).

The set-up is not ideal.

Obvious locations for a stop (if short) are today’s high, yesterday’s high or a decisive break of the right side trendline (not advice, not a recommendation).

Note the channel is a Fibonacci 8-Days wide.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279