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Spotify, fresh buy signal at launch week

Spotify Technology SA receives a fresh buy signal at week 1, with a signal strength of 72 out of 100 and 4th place among 13 fresh US Longs. Wide running room, no nearby historical resistance.

In Summary
Spotify Technology SA opens week 1 with a fresh buy signal and a signal strength of 72 out of 100. It ranks 4th among the 13 fresh Longs for US stocks. The statistical model sees wide running room with no nearby historical resistance: a promising starting point, pending confirmation in the next week.
Fresh BUY ·1st week from start ·US stocks ·T1
IQS Phase
53
ordinary
Signal Strength
72
high · convincing signal
Sizing
FULL
Ranking
#4 / 13
New us stocks
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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