Netflix, Inc.Long
NFLX Gap down support zone & channel
Sorry guys I was wrong. That is why you need to make own analysis. I did not expect it to gap down the whole support zone even break below the up channel. That is OVERKILL.
Gann Fan shows it broke 385 line. So the next 2 line supports are 350 & 290. Pls see the red lines
350 is also the 85.4% Fibo.
As of now it already retraced 78.6% with indecision candle. 350 most likely.
Good thing is even DISNEY became cheaper to buy.
Again this is only my opinion.
Gann Fan shows it broke 385 line. So the next 2 line supports are 350 & 290. Pls see the red lines
350 is also the 85.4% Fibo.
As of now it already retraced 78.6% with indecision candle. 350 most likely.
Good thing is even DISNEY became cheaper to buy.
Again this is only my opinion.
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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.