Netflix - We Know What Will Happen Next!

23 בינו׳

Netflix (NFLX) will retest the trendline next:



Click chart above to see the detailed analysis👆🏻

About six years ago, Netflix started the creating of a reverse triangle pattern, perfectly trading between the two trendlines. We already witnessed such a behaviour back in 2012 and following this previous bullish cycle, it is super likely that Netflix will head even higher.

Levels to watch: $1.200

Keep your long term vision,
Philip (BasicTrading)

לפני 5 ימים

עסקה פעילה

Trading update on Netflix (NFLX):



Click chart above to see the detailed analysis👆🏻

This chart is just way too clean with Netflix perfectly repeating the breakout price action which we saw about a decade ago. Looking at the four digit level, Netflix would also be a perfect candidate for a 10:1 stock split which would lead to the final blow off rally.

Levels to watch: $1.200

Keep your long term vision,
Philip (BasicTrading)