Netflix loosing momentum and is likely to rebound to fibonacci levels before breaking the ATH. A rebound on the quickest Moving Average 38D will most likely trigger a breakthrough, while a rebound on the second quickest Moving Average 100D will recouchér back down up until recent down levels - Netflix would enter a sideway zone.
A rebound is prone to happen due a long-time overbought indication on the RSI.
A rebound is prone to happen due a long-time overbought indication on the RSI.
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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.