TraderMD

Netting Butterfly, Bat, and Crab Flix

NASDAQ:NFLX   Netflix, Inc.
1
Some Interesting patterns are developing. Searching for a pop from the gap down and either a continuation through, or a reversal back down, hence forming crab pattern. Keeping an eye on OBV. OBV indicates a potential short if further weakness/resistances is encountered after the pop up around the 110 to 106 price level.
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.