Currently the primary resistance we're seeing is at the 0.382 Resistance area(price point 421.37, It is possible for NFLX to rally beyond this to the seconday resistance point of 428.53, if this line breaks, it's likely NFLX is not in a corrective wave form and could even reach to see newer highs.
Price Target: 376.00
Price Target: 376.00
Trade closed manually
Pulled out of my trade after it failed to hold the 421 range. Overall trend is still down, but it appears to be having an ABC corrective wave upwards for the time being.
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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.