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Netflix, Inc.
Short
Updated

NETFLIX, INC (NFLX) Reaches top of the channel to DROP

1 599
NETFLIX, INC (NFLX) just reached an upper resistance and is very likely to drop.

  • Bullish divergence in showing up on the MACD on shorter time frames, confirming what I am seeing in the longer time frames.
  • Decreasing volume.
  • Going outside of the upper bands of the Bollinger Bands.
  • Potential drop incoming.
  • Target marked black on the chart.
  • A close of the 3D candle above 358.90 can be used as stop loss.


This is not trade advice. This information is shared for learning and entertainment purposes only.

Thanks a lot for your support.

Namaste.
Note
Going down as expected.
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alanmastersBeyond Technical AnalysiscurrencyfcxmForexｆｘTechnical IndicatorsnetflixNFLXS&P 500 (SPX500)StocksTrend Analysis
MasterAnanda
🚨 TOP FREE Trades
»ETH +1340%
»AAVE +1134%
»XRP +749%
»DOGS +868%
»BTC +563% 👇
t.me/anandatrades/1350

🚨 FREE Quality Content + 🏆New Results
t.me/masteranandatrades/6499

🚨 PREMIUM LIFETIME
lamatrades.com (Since 2017)
Also on:

Related publications

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.