FractalTrader
Long

NFLX showing signs of strength

NASDAQ:NFLX   NETFLIX INC
62 1 4
NFLX             is finally showing signs of life again after a very underwhelming 2016.
After consolidating in a triangle formation, it has broken out to the upside, and is now showing signs of breakout confirmation.
In particular, you should spend no time at all thinking about those rosy scenarios in which the market goes your way, since in those situations, there's nothing more for you to do. - William Eckhardt
FractalTrader PRO
4 months ago
nflx broke out of a triangle consolidation, then stalled...but imo the longer it holds here, the better chance the bullish breakout continues. The trade setup in the original post would have been broken, but here I see another bullish setup. https://www.tradingview.com/chart/tNQ4geFB/
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out