Since we already had a ABC downtrending. We got our corrective wave up hitting near the 0.618-0.65 extension. (350-355)
I expected that we would encounter some sort of resistance there as corrective waves usually end there.
By doing a simple RSI 4H analysis, we can see that we have a bearish resistance at the top of the RSI, which suggest we should expect a downward movement. We should see the RSI hitting the bullish divergence, marked as a blue line.
We can also see that MACD has been losing volume over time, and that the first candle started appearing for a bearish outcome.
I expect that we should see a 162 USD Netflix price very soon.
I expected that we would encounter some sort of resistance there as corrective waves usually end there.
By doing a simple RSI 4H analysis, we can see that we have a bearish resistance at the top of the RSI, which suggest we should expect a downward movement. We should see the RSI hitting the bullish divergence, marked as a blue line.
We can also see that MACD has been losing volume over time, and that the first candle started appearing for a bearish outcome.
I expect that we should see a 162 USD Netflix price very soon.
Nota
and down we go
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.
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.