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vikinsa
Jul 30, 2021 9:55 AM

NETFLIX (NFLX): Can Fall Out Of The Consolidation Now Short

Netflix, Inc.NASDAQ

Description

Traders, Netflix has been running inside a consolidation range for a long time now and the close of this month can give us a good indication on the downward breakout of this consolidation. Expected targets based on FCP analysis are on the chart.

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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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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Comments
ConConMcG
A sign of things to come perhaps!
vikinsa
@conormcgurk1, :) true. NASDAQ and other stocks are also showing something similar
Mihai_Iacob
Great outook.Thanks for sharing
vikinsa
@OptimoomFX, Thanks :) Good luck
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