Netflix, Inc.
做空

NFLX 1W

135
Why do I expect price to move lower towards 223 USD?
Firstly, let's look at the chart.

What can you can read from the chart?
  • Price has moved sharply up after correction testing fib 0.382.
  • Price has also tested weekly PoC (very strong resistence).
  • Price is currently below Ichimoku Cloud (strong resistence).

What do I expect will happen based on my readings?
I believe price will move back towards local PoC around 223 USD while breaking local trend line.

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