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. ~ 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