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cherifya

SPOT getting ready for weekly level breakout

Long
Spotify Technology S.A. (NYSE:SPOT)  
cherifya Updated   
NYSE:SPOT   Spotify Technology S.A.
Trend Analysis Chart Patterns
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trendanalysis chartpattern
SPOT touched 292 levels twice. That is also its current EMA 20 weekly.
A breakout from here will be powerful and ATH is probably next. On watch.
Comment:
This week was brutal but SPOT finished strong on Friday with 7-8% move to show a strong bullish hammer. Still on watch for breakout. Could breakout in earnings run up. Or post earnings if blowout earnings.
I'll not take the trade over earnings so plan accordingly.
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