TA on NFLX
After breaking out of its upward trend channel, we see strong upward movement to about $420. This is followed by a clear H&S pattern forming, which later broke the neckline right about the same time of the MACD cross.
RSI looking fairly oversold at the moment.
What to expect:
NFLX to bounce off the upper trendline of the channel, retest the neckline. If this fails, its likely to fall right through the channel into a downward capitulation. A strong support level to look out for at $200.
After breaking out of its upward trend channel, we see strong upward movement to about $420. This is followed by a clear H&S pattern forming, which later broke the neckline right about the same time of the MACD cross.
RSI looking fairly oversold at the moment.
What to expect:
NFLX to bounce off the upper trendline of the channel, retest the neckline. If this fails, its likely to fall right through the channel into a downward capitulation. A strong support level to look out for at $200.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.