- NFLX has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. - NFLX has marginally broken up through resistance at 300. - The short term momentum of the stock is strongly negative, with RSI below 30. - This indicates increasing pessimism among investors and further decline for NFLX. - However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards. - Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price