NFLX short-term bounce off uptrend line
I believe NFLX is becoming a buy opportunity for a short-term swing play. A bounce off the uptrend line seems to be occuring right now with the RSI getting close to 50 again and 14 EMA getting close to 21 EMA again.
I think we could see a bounce to the 630 level and maybe even the 680 level in the near future.
FULL DISCLOSURE: I personally do not hold any positions in NFLX right now and am still learning a lot. This is just my personal opinion and could prove to be entirely wrong ! This is not investment advice, invest at your own risk of course. Feel free to let me know what you think of this 😊.
I think we could see a bounce to the 630 level and maybe even the 680 level in the near future.
FULL DISCLOSURE: I personally do not hold any positions in NFLX right now and am still learning a lot. This is just my personal opinion and could prove to be entirely wrong ! This is not investment advice, invest at your own risk of course. Feel free to let me know what you think of this 😊.
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