NFLX still more legroom to drop further
NFLX price crossed first support level and moving towards 133 support level.
MACD has huge divergence with a failed cross.
Stochastic and RSI in oversold territory which signals continuation of this trend.
Chart pattern has a flag formation which led into further price decrease. Very steep trend showing bearish sentiment.
MACD has huge divergence with a failed cross.
Stochastic and RSI in oversold territory which signals continuation of this trend.
Chart pattern has a flag formation which led into further price decrease. Very steep trend showing bearish sentiment.
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.