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Short

Spotify Technology S.A. (NYSE:SPOT)

Updated

NYSE:SPOT Spotify Technology S.A.

Trend Analysis

trendanalysis

WHY:
- RSI is high
- Shooting star price action
- Just went on a crazy run, needs to cool off before moving higher

Comment:

Just entered a weekly 6/26 215 Put for 2.75 on 6/22 .. price currently sits at 228 confirming my correction hypothesis

Comment:

wow had to cancel my stop loss this morning as it ripped back to 236 LOL, starting to fall though.Be patient and trust your analysis!!

Comment:

Another crazy shooting star .. If we wake up to red day tomorrow short

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