NETFLIX Head & Shoulders Formation
NFLX had an incredible bullish run that seems like its coming to an end.
Prepare for a bear run until Q1 2019 earnings call.
You can see the formation of the right shoulder.
If the pattern holds and my guesses are correct, these are the stops to use.
Stop #1: $308
Stop #2: $286
Stop #3: $201
Prepare for a bear run until Q1 2019 earnings call.
You can see the formation of the right shoulder.
If the pattern holds and my guesses are correct, these are the stops to use.
Stop #1: $308
Stop #2: $286
Stop #3: $201
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.