Spotify Chart Analysis: Potential Big Breakdown

Spotify Technologies (SPOT) has been a hot stock over the last three months. A breakout above $200 took it as high as $300 before it has faded back near $250.00. Spotify chart analysis signals a potential major next leg lower today. The stock price is hammering on a key support trend line at $253.00. Any close below that triggers a breakdown. There is no major support until it falls back to $200.00. The Spotify chart analysis is clear, look for a close below $253.00. If it happens, expect further downside in the coming weeks.

——>>>Members of Verified Investing Alerts have closed out 143 swing trades already in 2020 for a net gain of 1,185.98%. Join now and get the exact entry/exit price alerts, stops, targets. Email and text alerts. Daily Videos posted with trade/market analysis and $1,000 worth in education monthly! Swing trading has never been so profitable! Get The Action NOW by Clicking HERE  <<<<———