Netflix, Inc.Short
NFLX still more legroom to drop further
NFLX price crossed first support level and moving towards 133 support level.
MACD has huge divergence with a failed cross.
Stochastic and RSI in oversold territory which signals continuation of this trend.
Chart pattern has a flag formation which led into further price decrease. Very steep trend showing bearish sentiment.
MACD has huge divergence with a failed cross.
Stochastic and RSI in oversold territory which signals continuation of this trend.
Chart pattern has a flag formation which led into further price decrease. Very steep trend showing bearish sentiment.
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