RandallNunezSancho

Fibonacci Key Pivot Level for Netflix NFLX

NASDAQ:NFLX   NETFLIX INC
40 0 0
In this example, we have two Fibonacci Zones which include the following:

$94.04 and $98.25 per share (lower confluence)
$102.40 and $104.18 (mid-confluence)

Price is currently rebounding strongly off the mid-level confluence above $102.00 per share.
Beyond the Fibonacci Retracement Grid above, note the $115.00 per share horizontal resistance level .
If price clears this resistance barrier, look to trade another bullish breakout toward new highs near $130.00.
Trade closed: target reached: price hits target today
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