Traders, Netflix made a great run and never gave a a chance to short beyond our sell level. (See the attached previous analysis idea). Now Netflix has gone out of the range to
1. Collect stop losses hence create a bull trap 2. Complete a W pattern 3. Touch 600 psychological level which was missed last time
This not has a potential to fall to target below (white horizontal lines)
Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too
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Take care and trade well -Vik
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