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Spotify Technology S.A.

Spotify diamond top

By Bixley
Spotify is showing mixed signals with the formation of a diamond top which is indicative of a bearish reversal, evident on the chart. Also, formation of an island top which are a quite reliable bearish reversal chart pattern. The uncertainty in this chart may be evident to investors which choose to capitalise on this or sit out.
Personally I use Spotify myself..
Beyond Technical AnalysisChart PatternsdiamonddiamondpatterndiamondsdiamondtopislandreversalislandtopreversalspotspotifyTrend Analysisuncertainty
Bixley

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