Price on 
NFLX has been consolidating inside a falling wedge, with each swing showing weaker momentum from sellers. And buyers are slowly stepping back in.
A strong breakout above the upper trendline would confirm bullish strength and signal a potential continuation toward the 1,400.00 level.
Until then, patience is key, waiting for a clear break with volume can help avoid false signals.
NFLX has been consolidating inside a falling wedge, with each swing showing weaker momentum from sellers. And buyers are slowly stepping back in.A strong breakout above the upper trendline would confirm bullish strength and signal a potential continuation toward the 1,400.00 level.
Until then, patience is key, waiting for a clear break with volume can help avoid false signals.
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Free Telegram Signals: t.me/addlist/MLJjjTl2V-M1OTc8
👉Get 20% Deposit BONUS - bit.ly/trenddiva
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.