SPOT my tp was 714, i sold at 725. i am happy. still holding some shares with a ath tp.and then some.shares holding foreverSPOTIFY TECHNOLOGY SA stock forum
SPOT my tp was 714, i sold at 725. i am happy. still holding some shares with a ath tp.and then some.shares holding foreverSPOT my tp of my entry after the hammer candly and the bullish confirmation yesterday is 714, i still keep my long term spotift holdings. spotify has safed my portfolio today of dropping. as spotify and netflix perform very good in times of high inflation and recessionsSPOT previous hammer candle confirmed by a bullish candle, should be bullish today toSPOT hammer time
SPOT has entered an important mid-term resistance area between $700-$727, where I am expecting a potential completion of the bounce since Jul lows. A rejection here could initiate a new downward move toward macro support at $585–$610.
Chart: tradingview.com/x/lT8L2EFr/
SPOT this will double bottom at 620
SPOT You guys can can talk trash about Spotify all you want but its undeniably one of the best performing stocks of the year. I decided to run the numbers on it again to determine a fair value for it. I have used the discount cash flow model to estimate the future cash flows the company will generate to determine a fair price for Spotify. Keep in mind I am using Wall Street's predictions in the equation to keep it as unbiased as possible. Using a long term growth rate of 4% with a 5 year exit, and a discount rate of 7.2% I have concluded the intrinsic valuation for the stock is currently $706. By adjusting the discount rate between 5.7% and 8.7%, and the growth rate between 3% and 5% we can conclude the range of the intrinsic valuation for Spotify is between $409 and $3267. According to my model Spotify is currently undervalued by about 3%.
SPOT I feel like this company is about to get bought out based on financials and price. this is a garbage company and will die if they dont evolveSPOT 687 today? 4hr 50maSPOT PE 167 major premium for a service that doesn't pay their artists fairly.