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MarthaStokesCMT-TechniTrader
Oct 19, 2022 4:28 PM

Entry Points in NFLX Ahead of Earnings Long

Netflix, Inc.NASDAQ

Description

Platforms ahead of earnings is an important pattern to watch for. Platform-building markets develop on the dominance of institutional investors buying quietly with controlled orders via the Dark Pools.

NFLX has a classic "quiet accumulation" pattern, also known as a Dark Pool buy zone. These platforms provide strong support for the bottom formation, especially since this was a breakaway gap.

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