Netflix, Inc.
Long
Aggiornato

Netflix - This chart is soooo textbook!

4 131
🎬Netflix (NFLX) is soon testing major support:
istantanea

🔎Analysis summary:
Literally since 2002, Netflix has been trading in a clear rising channel formation. And as we are speaking, Netflix is about to retest the lower support trendline. Together with the all time high break and retest and bullish confirmation, this is really a textbook stock chart.

📝Levels to watch:
$70

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)
Trade attivo
🎬Netflix (NFLX) is sooo close to the support:
istantanea

🔎Analysis summary:
Despite people literally freaking out about Netflix recently, the chart remains totally bullish. And with the recent correction of about -50%, Netflix is just heading for another clear retest of support. Just 5% lower and Netflix is giving us a textbook opportunity.

📝Levels to watch:
$70

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)
Trade chiuso: obiettivo raggiunto
🎬Netflix (NFLX) is now testing the support:
istantanea

🔎Analysis summary:
After all this time and all the back and forth in the meantime, Netflix is finally testing the support area. With the underlying uptrend, there is a pretty high chance of a bullish reversal soon. Don't jump in right away though but wait for bullish confirmation first.

📝Levels to watch:
$70

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

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