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.
Trade closed: target reached
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Trade active
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Waiting on target 2 to hit. May bounce from there so be safe.