NFLX - Netflix / Idea I
Netflix
12M: → Bullish close but truely bullish above 701
→ the grey zone being at → 633 – 585 (Fib ext.)
→ in case of a breakout 744 is target
3M: slightly less progress because of 701 Ath close by – traders will think about double top from here on
→ 701 showdown likely
Monthly: Bullish close but yet a bit hesitation going on here. Probably some profit taking going on.
3D: Ascending Triangle in play like in many other stocks – waiting game until a break occurs
thanks for reading, feedbacks appreciated
12M: → Bullish close but truely bullish above 701
→ the grey zone being at → 633 – 585 (Fib ext.)
→ in case of a breakout 744 is target
3M: slightly less progress because of 701 Ath close by – traders will think about double top from here on
→ 701 showdown likely
Monthly: Bullish close but yet a bit hesitation going on here. Probably some profit taking going on.
3D: Ascending Triangle in play like in many other stocks – waiting game until a break occurs
thanks for reading, feedbacks appreciated
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