Netflix, Inc.Long
Could you have forseen NFLX to do so well during corona?
NFLX was not immune to the effects of the coronavirus scare. The price dropped from close to $400 to below $300 in about two weeks. However, notice how the accumulation during that time and the buying continued throughout the entire time. The accumulation has stayed at a steady rate.
A/D is one of my favorite indicators because it's a powerful tool when you see a discrepancy in price and the accumulation. In combination with the sell/buy ratio, it is even better in my opinion.
A/D is one of my favorite indicators because it's a powerful tool when you see a discrepancy in price and the accumulation. In combination with the sell/buy ratio, it is even better in my opinion.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.