NFLX - Looks like we could see a rally up to 570 first, followed by 662 next but this view has to be evaluated anew once (if) price reaches 570.
Best is to wait for a push above 496 before buying, in which case Stops can be placed at 475 but I recommend using 458.8, just to give it some more room.
Ps: Notice that we have a potential Head & Shoulder pattern, building potentially the right shoulder.
Best is to wait for a push above 496 before buying, in which case Stops can be placed at 475 but I recommend using 458.8, just to give it some more room.
Ps: Notice that we have a potential Head & Shoulder pattern, building potentially the right shoulder.
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Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.