Ascending triangle, support buying up the dips, and the overall strength of NFLX lead us to believe there's more room for price appreciation, back up towards the ATH.
The last 2 buy signals were given over a month ago, but we are still in that same range. In a case like this where you know current range is a decent time to enter, but perhaps there's no signal on the Daily chart. We suggest going down to a 4H or 2H chart to get the best localized entry. I will post below a chart of this past few months range on the 4HR timeframe to show you.
As you can see on the 4HR the indicator picked the dip that happened mid-August for entry.
With a weak top signal formed on the daily, we can expect to see a nice area to go long soon (within the next 7-10 days).
Trials are available, and membership doesnt come with only indicators. You get one on one trading advice, web based tools, telegram alerts and much more! Trials are available, like,follow and direct message for a trial!
The last 2 buy signals were given over a month ago, but we are still in that same range. In a case like this where you know current range is a decent time to enter, but perhaps there's no signal on the Daily chart. We suggest going down to a 4H or 2H chart to get the best localized entry. I will post below a chart of this past few months range on the 4HR timeframe to show you.
With a weak top signal formed on the daily, we can expect to see a nice area to go long soon (within the next 7-10 days).
Trials are available, and membership doesnt come with only indicators. You get one on one trading advice, web based tools, telegram alerts and much more! Trials are available, like,follow and direct message for a trial!
