* 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.
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.