NoFomoCharts

NFLX (Netflix): Possible H&S Pattern

NASDAQ:NFLX   NETFLIX INC
NFLX ( Netflix ) is developing a potential Head & Shoulders price pattern, on the daily chart .

Neckline Support in red is approximately $405 to $408 range.

Downside breakdown target would be -13%, or approximately $355 range.

If the H&S fails, NFLX would need to breakout above $444 and $459 to continue the uptrend.

Trade closed: stop reached: Resistance Targets reached.
H&S pattern did not complete.
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