NFLX is at support, which has held a few times already.
Although the recent news about Pfizer's vaccine had a negative impact, the company did benefit from subscriber growth during the pandemic and is in overall a good spot.
I see this trade as worth taking, considering the R:R ratio but will nevertheless be cautious, as tech might continue to trend down heavily...
There appears to be a rising support line which the price action does cross occasionally. I'm expecting the price to dip below it slightly as the RSI drops, then look out for a bullish reversal.
Hit like if you agree.