Netlifx - Long term Bullish ! Short/Medium term bearish !
Netflix - This one is looking pretty descent for a long term Investment.
Looks like price is going for ~200 before going up to 600-800.
Daily - Price stopped exactly at the 78.6% retracement level and started going down. We might see some intraday correction to the upside but it looks like the way to go is down.
Notice that because we should be in a fourth wave, a triangle is also quite likely.
So, short term, use any rise to sell it.
~200 seems to be a good place to look for support and even start buying but we'll know that depending on how price unfolds while falling.
Looks like price is going for ~200 before going up to 600-800.
Daily - Price stopped exactly at the 78.6% retracement level and started going down. We might see some intraday correction to the upside but it looks like the way to go is down.
Notice that because we should be in a fourth wave, a triangle is also quite likely.
So, short term, use any rise to sell it.
~200 seems to be a good place to look for support and even start buying but we'll know that depending on how price unfolds while falling.
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Also, Subscribe to my FREE Telegram Channel for MANY more updates
t.me/em16public
If you have any questions, reach out to me through
comments, chat or my Telegram t.me/ewbelgium