🔥 Market Overview Trend: Bearish 📉 (Strong downtrend) Resistance: $972.00 → EMA 9, acting as a short-term ceiling Support: $955.00 → Local demand zone Indicators: MACD: Bearish, no reversal confirmation RSI: 41.53 (Neutral, no oversold signal yet) VWAP: Below average, sellers still in control 🩸 Risk: NFLX is in a short-term freefall—possible more downside
Buy: Near $955.00–$958.00, targeting $965.00 (+1.0%) Sell: Near $970.00–$972.00, targeting $958.00 (-1.2%) Stop-loss: Below $952.00 🩸 Breakout Scalping:
Above $975.00: Long to $985.00 (+1.6%) Below $955.00: Short to $945.00 (-1.5%) 🔥 Mid-Term Trend Forecast (1-3 Weeks) Bullish above $980: If momentum shifts, expect $990-$1000 Bearish below $950: Freefall potential to $930-$920 🔥 News & Market Context 🩸 No immediate catalysts, earnings in 56 days 🩸 Sellers dominating, no major support nearby
🔥 Decision: 🩸 Short-term: Scalp long near $955.00, sell at $965.00+ 🩸 Mid-term: NFLX is weak—best play is waiting for lower entries 🩸 Ideal Play: Short bounces, confirm strength before aggressive longs
👑 Final Verdict: "Falling knives don’t make safe catches—wait for the grip." – LucanInvestor
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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.