LegoTonix

Netfilx Soon Breakout?

Long
NASDAQ:NFLX   Netflix, Inc.
We can see we have triangle in a uptrend i was bearish on nflx for long time i called the 2018 top on tradingview but now seem like different because we are in consolidation phase since 1+ year now the overall us stock market is bullish. patterns like this is generally bullish i don't see any reason for major dump right now. we have breakout on RSI and MACD. 0,61% and 127% fibs seem like good target

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.