with the break of the trend line
, i now see feather downside to netflix
. the RSI
is below the 50 line, and the SLOWSTOCH is trending down and confirming downward pressure. on opening today if still below the trend line
, i see a 1st target of 87.89 (green line) and a longer target of 63.84 (blue line) and my stop 2 ticks above the swing high (red line). 1st target is about 1:1.4 R/R.