Im reading this chart with a wyckoff view and it looks to be a reaccumulative pattern reaching its end
Rising Wedge shows a possible move to the downside, also fundamentally it looks weak.
With the first H ablove the 450 level price needs to see confidence for further upside and that situation looks likely
I can state that we may have a strong arrow move to the up in the next days if the current candle broke the upper pitchfork line with force
Based off my own analysis I think Netflix will come down to 38.2 fibs & continue up to retrace the bullish trendline or even continue in a bullish move instead. Or it can do a deep pullback to 61.8 and then continue back in its bullish move. Like or comment your own input ❤️
Netflix been in a strong bullish move since mid March. Since people have been quarantining most are home watching tv. I see this stock going up more based off my technical and fundamental analysis. If you agree please like or comment your input.