Netflix looks great for long if it breaks over $495

29 בנוב׳ 2020

NFLX
Reasons to buy:
1. Breakthrough moving average 50 exponential.
2. Breaking up of a descending local triangle.
3. Breakout from a 14-day trading consolidation.
4. The stock is near the up trend line.
5. A strong giant company that is 14% below its all-time high.
6. RSI14 around 50. Not in a state of overbought.

Good luck!