NFLX-SELL strategy Monthly chart Short

Netflix, Inc.NASDAQ

Description

⋅ Mar 16, 2024 11:54 AM

The share is quite overbought, and more importantly, it is similarly above Keltner as a much earlier period, where a large decline took place after.

Strategy SELL @ $ 600-630 and place SL above $675, and take profit @ $ 500 or lower.