Possible Bullish Setup on NFLX
Key Takeaways:
+Since ER gap up we had a continued uptrend leading into this tight $15 descending channel which I am approaching with a slightly bullish breakout bias provided we hold the key demand box
+Trending above 20d SMA and 20d SMA > 50d SMA > 200d SMA meaning we are in a healthy uptrend
+I would expect ~$15 move topside after breaking the TL resistance and 566.5 short term supply confluence area which would send us to the PTs listed in the chart
+Since ER gap up we had a continued uptrend leading into this tight $15 descending channel which I am approaching with a slightly bullish breakout bias provided we hold the key demand box
+Trending above 20d SMA and 20d SMA > 50d SMA > 200d SMA meaning we are in a healthy uptrend
+I would expect ~$15 move topside after breaking the TL resistance and 566.5 short term supply confluence area which would send us to the PTs listed in the chart
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.