Teddy_C

NFLX Ready to Break

BATS:NFLX   Netflix, Inc
0
The set up was designed to show the coil within the formation expected a pop up to the upside and also had concerns if a push to the 200 level fails that the price action could turn Negative and approach Bearish Targets. The Price action needs to break the thin red break down line drawn to approach my "Danger Will Robinson Danger" Line where a bigger move to the Bearish Targets could take place...
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.