As 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...
You can see NETFLIX is at the resistance box, I'd say it won't break it and it will go to 184$ nPOC, VAL level is the last support and below it we are looking for NTFLX to hit 140-150$ nPOC, there we can expect bounce.
Technical point of view if the price breaks below the 190 level, most probable we are still in a strong downtrend we might hit the next support levels accordingly.
GOOD EVENING, 1)we are below the VWAP .👌 2)the inverted order and strong condensation of the 4EMA.👇 3)bear divergence confirmed by STOCHASTIC .💪 4)protected by the last resistance. 💪 all these indicators say sell in a loud voice. so sell and open your wallets.🤑 GOOD LUCK.❤️
i think for this week it's going down . with the double top pattern . the key levels are in the chart . That's My Personnal Opinion . Hope You Like it .
this week ntflx will go down to 600 for the first day we can use 620-615 as a taking profit area .
i think ntflx tomorrow will go up to 644 then it will start a down trend to 615 if . it doesn't break the range area tomorrow then it will do with the down trend starting tomorrow
NTFX is moving up, but I'd expect it to take a breath soon, maybe up by 630.00.
All, This is weekly chart, but I see this playing out to the downside rather largely. In part due to the visible range/session show some low volume areas that will be slid through once breaking. Need first conformation of break but I may enter soon. PT#1: 195 PT#2: 188 PT#3: 163 Then swap to long once confirmed
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...
PRICE CREATED IMPULSE TO THE UPSIDE NOW EXPECTING RETRACEMENT AND CONTINUATION.
NETFLIX SHORT Correction will take Netflix to Fibo. Then, in this point, take position and go in. High Profits post-Short, looking for mid - long term, See you later!!