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Spotify Technology S.A.
Long

Watch SPOT possible Cup & Handle formation BO

By mickeymfa
Updated
SPOT

Take a look at Spotify, forming a Cup & Handle formation and broke it's 50 Mov Avg. We still need a BO with volume to confurm this pattern.

snapshot
Note
Intra day BO today on volume.
snapshot
Note
BO not confurmed on daily bars. We keep it on our radar screem
Note
nasdaq.com/earnings/report/spot
Order cancelled
This is a good example that you have to wait for confirmation of the close.
snapshot
Trade closed manually
Cup And HandleMoving AveragesTrend Lines
mickeymfa

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