Beautiful example of old resistance new support. NFLX bouncing off the 50 EMA | an old support at the $280 price range | and a fib, all good.
Note
* an old resistance (new support)
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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.