FractalTrader
Long

NFLX showing signs of strength

NASDAQ:NFLX   NETFLIX INC
48 1 0
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.
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/
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