Netflix, Inc.Long
NFLX setting new support levels?
* Relatively strong earnings quarter over quarter
* Strong up trend
* Broke out of a 14 month consolidation with higher than average volume
* Creating a new base above broken level of $593.29
* Minimum probable ROI of 28.03% if the trade goes in our favor
Trade Idea:
* Now would be a great time to get in on NFLX as it's creating a new base right above the broken level.
* $593.29 is expected to hold as support
* A break below that would make $575.37 a nice entry if you're looking for a discount.
* Worst case scenario we could see a low of $558.30 which would be the last level of support before further downside.
* Strong up trend
* Broke out of a 14 month consolidation with higher than average volume
* Creating a new base above broken level of $593.29
* Minimum probable ROI of 28.03% if the trade goes in our favor
Trade Idea:
* Now would be a great time to get in on NFLX as it's creating a new base right above the broken level.
* $593.29 is expected to hold as support
* A break below that would make $575.37 a nice entry if you're looking for a discount.
* Worst case scenario we could see a low of $558.30 which would be the last level of support before further downside.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.