Netflix - Possible relief rally?

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Key highlights:

1. Sitting in Daily demand zone
2. May try to reclaim 200MA cluster
3. Volume climax
4. Sitting at previous swing level
5. Formed a high volume bullish hammer on daily
6. RSI oversold on multiple time frames

Conclusion: Expecting a relief rally in the coming week.

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
Nota
9% up today itself. ✅
Chart PatternsTechnical IndicatorsnetflixNFLXTrend Analysis

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView

✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
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