NYSE:SPOT   Spotify Technology S.A.
the RSI indicator is at the overbought conditions which could result in a price drop.

MACD is also showing a decreasing positive momentum and we may get a bearish cross soon.

The move seems to be a little bit overextended therefore the correction may be expected.

entry, stop loss and 2 targets are shown on the chart.

💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.