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jangseohee
Aug 8, 2021 1:44 PM

SPOT, at CrossRoad 

Spotify Technology S.A.NYSE

Description

Spotify, the famous audio streaming portal has completed a head and shoulder top
However, price is sitting around the median channel line.

Which is why i feel it is a 50-50 case

Should neckline be broken down, next immediate level is around 198, further downside includes 160 and 120

However, if this is just another complete retracement and price begins to go up, immediate level is around 280

Just a research opinion
Comments
Alexisandro25
If the channel is wide enough to go from 120-400, is it really a channel?
jangseohee
Update on Spotify , it is pathetify
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