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Spotify breakout through resistance

Vantage Vantage Plus Research Team May 21, 2024

The breakout of Spotify through the 305.6500 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Spotify could test 322.1695 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.

Vantage does not represent or warrant that the material provided here is accurate, current, or complete, and therefore should not be relied upon as such. The information provided here, whether from a third party or not, is not to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any financial instruments; or to participate in any specific trading strategy. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. We advise any readers of this content to seek their own advice. Without the approval of Vantage, reproduction or redistribution of this information is not permitted.

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