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miklosfx
May 31, 2020 4:31 PM

NFLX UPDATE  Short

Netflix, Inc.NASDAQ

Description

the market broke a bearish trend and then retested.
so there is a probability of going after the old resistance.

if you liked this idea or have your opinion on it, write in the comments.

DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you.
Comments
cristi_baluta
Why short if is going up? I think the trend is too steep to be considered a trend, looks to me like a correction
miklosfx
@cristi_baluta, Yes, it must be corrected
Any drop means buy
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