Spotify Technology S.A.

SPOTIFY SHORT?

254
Head And Shoulders Pattern (not confirmed)

At the moment we have the 400 SMA support and right below that the 220.56$ support line (neckline).
As long as we have no closed candle under the neckline we don’t need to worry about lower prices.
If we get a closed candle under the neckline we could have a bullish-to-bearish trend reversal.

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