in my previous nflx analysis made few months. i said about a dead cat bounce if we break previous low at 312 we will go in downtrend so this happen as expected.
now we retest previous support (which now become resistance) so this is probably a bounce before trend continuation. i think this is can be trading opportunity for short or selling if you still own this stock.
target 1 probably around 258 i expect bounce here before breakdown the support target 2 at 211 target 3 at 161.
my previous analysis.
now we retest previous support (which now become resistance) so this is probably a bounce before trend continuation. i think this is can be trading opportunity for short or selling if you still own this stock.
target 1 probably around 258 i expect bounce here before breakdown the support target 2 at 211 target 3 at 161.
my previous analysis.
