Description:
The chart presents the daily stock price movements of Netflix, Inc. (NFLX) on the NASDAQ exchange. Key technical indicators utilized in the analysis include:
LuxAlgo Candlestick Structure:
The chart displays a candlestick pattern structure that helps to visualize price movements over time, aiding in the identification of trends and potential...
This will go up for some time but when this falls it will fall hard. This is overhauled and is not growing they have a negative net income per year in the millions.
For the stock Netflix, the total trend is going confidently up with enough volume and without any major drop-offs or drips of people selling the stock. The price-performance from 5 days to 1 month is in the negative but any time frame after that it looks good. In the last months, there has been very little in the downturn side of the stock and the volume also...
Two areas of support are keeping it from going up. ABC correction has been made. The trend has been up for some time now and is going to be going down for some time from this point on.
