FenixCapital

NETFLIX DOUBLE TOP

Short
NASDAQ:NFLX   Netflix, Inc.
Netflix has formed a textbook double top coupled with a drastic drop on the RSI, showing a significant likelihood of bears taking over the short term trend.
Target 1: 0.236 fib @ 238
Target 2: 0.382 fib @208

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.