NFLX exploded after good earnings (projecting cash flow 1 bill). A 3-day continuation is a pattern for most of the outsized move then it chops.
NFLX has entered the chopping stage; reversion to means targeting 550, then 535. Stronger support is at 535.
NFLX also has a history given up post-earnings gain quickly.
NFLX has entered the chopping stage; reversion to means targeting 550, then 535. Stronger support is at 535.
NFLX also has a history given up post-earnings gain quickly.
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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.