Netflix, Inc.
Long
Mis à jour

Netflix - Finally approaching support!

5 304
🎥Netlix (NFLX) will soon reverse higher:
snapshot

🔎Analysis summary:
The recent -40% correction on Netflix was totally expected. But slowly, Netflix is approaching a major confluence of support at the previous all time high. If we see a final -15% drop, Netflix can then reverse towards the upside and head for new all time highs.

📝Levels to watch:
$65

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Transaction en cours
🎥Netlix (NFLX) is soo close to support:
snapshot

🔎Analysis summary:
Despite the recent -45% drop on Netflix, this stock is still not retesting support yet. Just looking at the higher timeframe structure, it is quite likely that Netflix will drop another -15% first. But then, this will offer a significant swingtrading opportunity.

📝Levels to watch:
$65

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Trade fermée: cible de profit atteinte
🎥Netlix (NFLX) will reverse quite soon:
snapshot

🔎Analysis summary:
With another -7% drop during February so far, Netflix is literally almost touching the massive support. And while I am still hoping for a clear retest, Netflix could start to reverse in the near future. And such a reversal will always start with bullish confirmation.

📝Levels to watch:
$65

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

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