$SPOT time and time again has shown solid technicals. Starting from late 2018 it has traded within its volatility box up until May this year when it broke through $162 with conviction. It then continued to trade within another volatility box up until June, before positive news catalyst pushed it up to trade at around $275 today. It looks read to break out of its current box.
Here's a bird's eye view of it:
Here's a bird's eye view of it:
Transaction en cours
Trade fermée: ordre d’arrêt atteint:
Broke the 21EMA and got stopped out.