Inverse Head and Shoulders
This Inverse Head and Shoulder's structure is similar to the one on SPY (although it's also a bear pennant breakout).
I see potential upside in both for this and next week.
Targets for Netflix:
Price target - around 324.
Stop loss - around 300.
I see potential upside in both for this and next week.
Targets for Netflix:
Price target - around 324.
Stop loss - around 300.
Trade closed: target reached
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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.