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DailyChartist

Update on Spotify: bullish flag triggered

Long
Spotify Technology S.A. (NYSE:SPOT)  
DailyChartist  
NYSE:SPOT   Spotify Technology S.A.
Trend Analysis Technical Indicators spotify spot spotifylong trading Stocks stocksignals stockstrading stockstobuy stockstowatch
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trendanalysis indicator spotify spot spotifylong trading stocks stocksignals stockstrading stockstobuy stockstowatch
Buyers were able to pinch trough the flag's resistance level and thus trigger the formation.
Two scenarios in this case may follow:
1. Price tests again the figure and continues it's way up;
2. Price aggressively starts to rise and complete the flag fast with big volumes;

Idées en relation

DailyChartist
Spotify forming a potential bullish flag
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