SPOT has reached oversold conditions at 76.65 RSI on new highs.
It has massive gains in the last two days of 21%. I will call for a correction.
*Second Target $210.09 with 50% retracement with or (-9.48%) correction
*Last Target $202.12 with a 61.8% retracement and (-12.48%) Correction
IF you are bull and want to keep riding or looking forward to getting in
The next target is $280 with a retracement forward of 261.8%
Trade safe and do you own DD.
It has massive gains in the last two days of 21%. I will call for a correction.
If you bearish the follow Targets are 38.2% correction at $217.48. (5.57%)
*Second Target $210.09 with 50% retracement with or (-9.48%) correction
*Last Target $202.12 with a 61.8% retracement and (-12.48%) Correction
IF you are bull and want to keep riding or looking forward to getting in
The next target is $280 with a retracement forward of 261.8%
Trade safe and do you own DD.
Note
Reaching Target #4, At $278.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.