Netflix breaking put of it's diamond pattern. It's been consolidating for the 3 months and seems to be finally breaking down. I don't see it holding on for much longer If netflix closes below $229 on the daily chart today, we will see it go to $221 in the next 7-14 days.
Entry: $231-229.80
Target 1: $223.96
Target 2: $218.73
Currently in at $233
Always beware of false breakout. Overall trend for the past year is down.
Be blessed and prosperous.
Entry: $231-229.80
Target 1: $223.96
Target 2: $218.73
Currently in at $233
Always beware of false breakout. Overall trend for the past year is down.
Be blessed and prosperous.
Trade closed: target reached
Trade active:
Waiting on target 2 to hit. May bounce from there so be safe.