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Ntflx

NTFLX - Waiting For Key Level TestAs the titles implies, NETFLIX is waiting for a KEY LEVEL TEST before making large moves. It has recently broke through several ranges to the BUY SIDE, showing it has lots of BULLISH movement. This can be seen with the LARGE VOLUME BULLISH CANDLES that followed after hitting one of the SUPPORT LEVELS, where it created high volume with NO RANGES, further proving it's high volume of buys. What I'm looking for now is a retest of the resistance level where i'd like to see large volume SELL SIDE, or a bounce off the SUPPORT level, where I would look to exercise buy positions
NASDAQ:NFLX
by I3ig_Trades
Netflix On Your Watchlist ?NETFLIX stocks price is inside a channel ranging with a small volatility, and here are our two possible scenarios: 1- Staying inside the channel: Price goes down, touches the lower trendline and our RRR will be perfect as the stop loss won't be too far. Plus, we will be around an important support zone, decreasing risk on our trade. 2- Going outside the channel from the upper side: After validating the upper trendline, price can be bullish until hitting the resistance zone where short opportunities stand. Attention: Beware of a fake break out. Watch out the NYSE session, follow the global news and Trade Safe Best of Luck Watchers
NASDAQ:NFLXLong
by Therealsmaira