Netflix - Possible relief rally?
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Key highlights:
1. Sitting in Daily demand zone
2. May try to reclaim 200MA cluster
3. Volume climax
4. Sitting at previous swing level
5. Formed a high volume bullish hammer on daily
6. RSI oversold on multiple time frames
Conclusion: Expecting a relief rally in the coming week.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
1. Sitting in Daily demand zone
2. May try to reclaim 200MA cluster
3. Volume climax
4. Sitting at previous swing level
5. Formed a high volume bullish hammer on daily
6. RSI oversold on multiple time frames
Conclusion: Expecting a relief rally in the coming week.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
Note
9% up today itself. ✅
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
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