YusufS

NFLX potential long?

NASDAQ:NFLX   NETFLIX INC
NFLX is a warrior in a bear market. We have seen the stock rally when the indices were falling fast. Now we have a retracement coming down into a very key fibonacci level that has confluence with structure support (0.764 retracement). Simply get long if we close a 30 mn candle across the white downward resistance line. Do not get long if we never close above the white line.

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Spot on!
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