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Chrlstlan
Jul 27, 2021 5:15 PM

SPOTIFY SHORT? 

Spotify Technology S.A.NYSE

Description

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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