Bullish observations: The cyan line, the AVWAP from the recent ~$145 high candle was overtaken and now trending up The pink line, the AVWAP from the all time high has been acting as support for ~10 days now Possible cup and handle pattern forming? Outlook: Resistance at ~$139 is the AVWAP from the IPO and intersects with some of the dips in '21...
I'm seeing a few things on Netflix here: 1) there is a long-term support trend currently sitting in the 330's going back to 2019 and 2020 lows 2) some resistance in the ~385 range and again at ~425 from 2019 highs. Now this is coinciding with the 50 day MA which is currently at 382. Closing above the 50 day on some strong volume would be a good sign for me. 3)...