RS3175

Spotify Going Down in Short Term

Short
BATS:SPOT   Spotify Technology S.A.
Weekly Chart of Spotify

In the past 150-55 level has acted as a strong resistance level for Spotify (March, July, December 2019 and in April 2022). Spotify has unsuccessfully tried to cross this level in September this year.

Spotify likely to go down to 140, if not more.
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