$NFLX - READY FOR NEW LOWS
Netflix is a powerhouse. However, this name is an extremely bearish descending triangle.
Note the lowers highs but even lows. This should dive to the downside once it breaks the bottom end of this pattern.
Relatively straightforward short opportunity here.
Note the lowers highs but even lows. This should dive to the downside once it breaks the bottom end of this pattern.
Relatively straightforward short opportunity here.
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