NFLX pumping like a penny stock!!
Tech stocks bouncing hard after dec lows. But is it sustainable? Are you buying the lows?
If i bought the low, I'd be thinking about those gaps running up here...Take profits folks!
NFLX forming head and shoulder pattern in 2018 and the drop in oct broke the neckline. The top blue arrow suggests the price is testing neckline...
Monthly chart showing double top and bearish RSI divergence. Sticking to my short position opened last month.
Short-term bounce is forming a rising wedge. Maintain the idea we are going into a slow-griding bear market entering into 2019.
Not financial advice. (but, we are high up in the sky and all it needs is gravity to fallll)