$NFLX pocket pivot offers early long signal within flat base
Netflix has been quite lacklustre after breaking out of an 11-week Cup & Handle pattern on Oct 10. It's currently trading within a ~7% flat base with the pivot level just above $204. However, the pocket pivot yesterday provides a potential entry signal at roughly $200 with a stop just below $189.50.
The fundamentals are strong with increasing earnings and the recent price hike on subscriptions should give it a good revenue boost.
The fundamentals are strong with increasing earnings and the recent price hike on subscriptions should give it a good revenue boost.
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.