NYSE:SPOT Spotify Technology S.A.
A rising wedge always ends badly and this one is near completion. When the price breaks down out of the wedge it will likely drop till it fills the gap at $102. The difference from $128 to $102 is $26 for a pullback of approx. 20.3% .... I suggest you Take your profits now.
Well in the last 3 trading sessions SPOT inched it's way higher by $5 but imho that is just based on the market sentiment overall as I still only have sell signals on my chart. I suspect it may reach up to $135 before pulling back .
I've given Fair Warning back to March 28. Take your profits.