EvanMedeiros

shake n bake below a previous pivot low

BATS:NFLX   NETFLIX INC
83 0 0
$NFLX one of my favorite patterns to trade are when stocks breach through a support or resistance level (in this case a prior swing low) and rally quickly back through it. Netflix             sets up a nice long shooting against 210 to the downside or 206 if you want to give it a little more wiggle room. 220-225 level is packed with resistance now but do note the pattern of lower highs in place. Overall a tricky spot given the markets position but It should be setting up a nice directional trade soon.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out