Mauriello

Spotify Technical Analysis

Long
NYSE:SPOT   Spotify Technology S.A.
Long Term - go long, but wait the end of the price retracement - always invest in the trend direction - if it is possible.
Short term, go short as per below suggestions:

Retracement Price Stage:
Using Fibonacci Speed Fan.
Target Price 1 - 220 USD
Target Price 2 - 205 USD


Fundamental News:
Spotify Technology SA (NYSE: SPOT) gained this week after The Wall Street Journal reported the company has signed an exclusive deal with Kim Kardashian West for a new podcast focused on criminal justice.

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