NFLX (Netflix Inc.) on the 1-hour chart (NASDAQ) using price action, trendlines, and Ichimoku Cloud.
Observations:
There's a strong uptrend with higher highs and higher lows.
Price recently pulled back and is currently testing the Ichimoku cloud support, possibly forming a bullish continuation pattern.
A trendline from June is acting as dynamic support.
I have a yellow resistance zone drawn at the top, signaling the next potential bullish target.
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🎯 Target (Short-Term):
Primary Target Zone: $1,335 – $1,340
(This is the previous swing high and resistance area you've marked.)
Secondary Target (if breakout succeeds): $1,350+
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🛑 Suggested Stop Loss:
Below $1,270, or below the trendline/Ichimoku cloud for safer risk management.
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📝 Summary:
Bias: Bullish continuation.
Buy zone: Near current price (~$1,290–$1,295) or on confirmation candle.
Target: $1,335–$1,340
Invalidation: Break and close below $1,270 trendline.
Let me know if you'd like a breakdown for a swing or intraday trade.
Observations:
There's a strong uptrend with higher highs and higher lows.
Price recently pulled back and is currently testing the Ichimoku cloud support, possibly forming a bullish continuation pattern.
A trendline from June is acting as dynamic support.
I have a yellow resistance zone drawn at the top, signaling the next potential bullish target.
---
🎯 Target (Short-Term):
Primary Target Zone: $1,335 – $1,340
(This is the previous swing high and resistance area you've marked.)
Secondary Target (if breakout succeeds): $1,350+
---
🛑 Suggested Stop Loss:
Below $1,270, or below the trendline/Ichimoku cloud for safer risk management.
---
📝 Summary:
Bias: Bullish continuation.
Buy zone: Near current price (~$1,290–$1,295) or on confirmation candle.
Target: $1,335–$1,340
Invalidation: Break and close below $1,270 trendline.
Let me know if you'd like a breakdown for a swing or intraday trade.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.