Get started
Ideas_by_Jake

NFLX 1W

Short
Netflix, Inc. (NASDAQ:NFLX)  
Ideas_by_Jake  
NASDAQ:NFLX   Netflix, Inc.
Trend Analysis netflix NFLX
0
0
trendanalysis netflix nflx
Why do I expect price to move lower towards 223 USD?
Firstly, let's look at the chart.

What can you can read from the chart?
  • Price has moved sharply up after correction testing fib 0.382.
  • Price has also tested weekly PoC (very strong resistence).
  • Price is currently below Ichimoku Cloud (strong resistence).
What do I expect will happen based on my readings?
I believe price will move back towards local PoC around 223 USD while breaking local trend line.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.