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PaperGains

$SPOT on...

Spotify Technology S.A. (NYSE:SPOT)  
PaperGains  
NYSE:SPOT   Spotify Technology S.A.
Support and Resistance Fractal Beyond Technical Analysis spot investing tradeidea options stocktrading alerts swingtrading swingtrade
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supportandresistance fractal beyondta spot investing tradeidea options stocktrading alerts swingtrading swingtrade
SPOT has been on an epic downtrend sitting -45% from it’s all time high but bouncing off it’s original resistance (now support) of $200. With more volume across the option chain than I can remember, taking a small position with any close above $215 (prior support). This trade is bullish near term for a small bounce up toward it’s next resistance level of $240.
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