- $408 is a key level - current momentum suggest that it will not hold Bulls should look to $354 as a good entry point.
Could be an easy 8% gain and beyond and Netflix finishes up this pullback and jams back up to where it was just days ago.
Black lines - represent last week high and low Blue lines - respresent previous day high and low purple line- represents supports and resistance yellow lines- represents last month high and low Red indicator represents anchor vwap from previous lows and high. this also works as potential support to watch
If price returns to March's high, then I'll begin looking to purchase call options as close to the 393.50 strike as I can. These calls will have a June 1 expiration.
after all i notice on the chart high probability to the trend go up to test the resistance line 1
after rupture the strong resistance line go up to test resistance line 1 go down to test the support line --------------------------------------------------- the probability to trend go up to test the resistance line 1
after a breakthrough the strong resistance line high probability to the trend go up to the support line 1
thats what wze publish the last time that the price will going down so that like you see in the trend after the green line broking and when the price arrive in the support zone it started to going up mustapha harchi
after rejecting $400 pretty impressive now look towards $460
It is looking for a support at 50SMA (blue one).
This STRONG SUPPORT ZONE was a breakthrough on the 14th of April, towards the top, and it was retested on the 29th of April. The trend did not breakthrough it towards it, but it made a strong ascending to the top. This indicates that it is a strong area and a high probability that it will be the beginning of a corrective movement towards the top.
NFLX is in for a test with the potential to put a very large-scale failed breakout on the chart on a break back under the $400 level. This is a ripe candidate if the COVID-19 fractured market unwinds back into a more traditional portfolio context.
We notice that since May 19th there has been a gradual depression of the curve There is a high probability that it will climb to touch and test the curved resistance line and descend to the support line 1 After that, there are two possibilities that either it completes the descending and breaches the support line 1 to reach the support line 2 or does the...
Expect a vac on 4h, 1D, nice pivots on the fibs, probably already bucked the trend downtrend seen on the hourly with green af futes. These plays will be heavily influenced by index direction. Plan for the short week starting 5/26 on NFLX . 1h: 14: 432.87 30: 442.55. Again ugly. looks like its in a comfortable downtrend. 4h 14:445 30: 441 - really ugly, might...