stylishtrotter

Reversal Play, Double Bottom

Long
NYSE:SPOT   Spotify Technology S.A.
I especially like this chart for next week. It formed a double bottom on the 1hr which is a bullish reversal signal. The 215 support held pretty well which is a good sign.

I expect a push to at least the 226/228 area. Then probably a rejection at that point but that’s long term I am only interested in the reversal opportunity this is presenting.

Invalidated if it falls under 215.

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