NFLX looks like it is at the end of forming and breaking out of an inverse head and shoulders reversal pattern.
If it can break out above the neckline resistance then it looks like it can test 530, 537 next.
The set up on this one is looking nice I would keep NFLX on watch, it could possibly break out soon.
NFLX has been in a choppy range for the last month or so, once it can break out and close above resistance at 525 we should see a move up.
If it can break out above the neckline resistance then it looks like it can test 530, 537 next.
The set up on this one is looking nice I would keep NFLX on watch, it could possibly break out soon.
NFLX has been in a choppy range for the last month or so, once it can break out and close above resistance at 525 we should see a move up.
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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.