It is profit booking for sure, there is clearly a Red TrapZone and Red UMVD in place for now. So only shorts are active now for Netflix.
TrapZone and UMV combined together are complete automated technical analysis indicator package. You get to clearly see in Realtime the market trend strength and volume confirmation.
Note
Buying detected on UMVD early and prices went higher quickly,
Trade closed: target reached
Will start a Neutral Bias Thread for continuous analysis of this symbol - rather than long and short Ideas. Thank you for your support, follow to get live alerts of latest Technical Analysis.
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