NFLX (Netflix) is developing a potential Head & Shoulders price pattern, on the daily chart.
Neckline Support in red is approximately $405 to $408 range.
Downside breakdown target would be -13%, or approximately $355 range.
If the H&S fails, NFLX would need to breakout above $444 and $459 to continue the uptrend.
Neckline Support in red is approximately $405 to $408 range.
Downside breakdown target would be -13%, or approximately $355 range.
If the H&S fails, NFLX would need to breakout above $444 and $459 to continue the uptrend.
Trade chiuso: stop raggiunto
Resistance Targets reached.H&S pattern did not complete.
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All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.