Massive Bullrun Into Earnings | Moving In Divergence $SPOT
It's time to unload on longterm shares. No one is paying attention to Spotify
SPOT
. Media outlets and even us traders have both been rather silent on Spotify and it's movement.
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This stock currently sits above what has proven to be a temp support @ $230. We have a monthly support @ $227
Watching the orange downtrend as previous resistance, we just saw a confirmation of this breakout today.
Possible long on a break of downtrend with next resistance @ $242.
Upside targets: $242, $265, $284.
Possible Short Entry: $220
DotcomJack | Thanks for the support!
Bless up traders
SPOT
. Media outlets and even us traders have both been rather silent on Spotify and it's movement. ~
This stock currently sits above what has proven to be a temp support @ $230. We have a monthly support @ $227
Watching the orange downtrend as previous resistance, we just saw a confirmation of this breakout today.
Possible long on a break of downtrend with next resistance @ $242.
Upside targets: $242, $265, $284.
Possible Short Entry: $220
DotcomJack | Thanks for the support!
Bless up traders
