Here we are looking at NFLX on the Daily TF…
As you can see, Netflix has broken down from its previous macro support (blue), and retraced back to the scene of the crime. Currently, it is re-testing this very same previous support as newfound resistance.
While I can’t suggest how YOU should trade it, this certainly appears to me as a VERY strong short set up (not financial advice).
We will continue to monitor this chart and see how it reacts to this level. Stay tuned to make sure you don’t miss any timely updates…
What do you think will happen? Let us know in the comments!
Cheers!
As you can see, Netflix has broken down from its previous macro support (blue), and retraced back to the scene of the crime. Currently, it is re-testing this very same previous support as newfound resistance.
While I can’t suggest how YOU should trade it, this certainly appears to me as a VERY strong short set up (not financial advice).
We will continue to monitor this chart and see how it reacts to this level. Stay tuned to make sure you don’t miss any timely updates…
What do you think will happen? Let us know in the comments!
Cheers!
Get trade alerts with exact entries and exits + daily videos with deep dive technical analysis on stocks, crypto, commodities and options. Find these at VerifiedInvesting.com
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Get trade alerts with exact entries and exits + daily videos with deep dive technical analysis on stocks, crypto, commodities and options. Find these at VerifiedInvesting.com
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.