5 month of uncertainty and Neutral trend for NFLX , But a good positions for short term trading , Buy from the Bottom of the channel and sell from the Top .
Fundamentals : The corona virus has increased again and possibility of cities Lockdown can be positive for Stay-at-home Stocks .
Price Action : Price placed at Bottom of the Channel also the 200 Day moving average is close to the price , So this Level can Be the Good support
P.s : Due to divergence, buying Netflix is Not a Good idea for the long term .
Fundamentals : The corona virus has increased again and possibility of cities Lockdown can be positive for Stay-at-home Stocks .
Price Action : Price placed at Bottom of the Channel also the 200 Day moving average is close to the price , So this Level can Be the Good support
P.s : Due to divergence, buying Netflix is Not a Good idea for the long term .
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