Bull Scenario
NFLX triggers Bull to Mark Up into our Bull Targets
NFLX finds support at our Bear Trigger to Mark Up into our Bull Trigger
Bear Scenario
NFLX triggers Bear into our Bear Targets
NFLX finds Resistance at our Bull Trigger and Marks Down into our Bear Targets
Neutral
Price action stays within our Trigger levels (inventory rebalance)
Side Note
Each level has potential to reverse not all targets may be met.
NFLX triggers Bull to Mark Up into our Bull Targets
NFLX finds support at our Bear Trigger to Mark Up into our Bull Trigger
Bear Scenario
NFLX triggers Bear into our Bear Targets
NFLX finds Resistance at our Bull Trigger and Marks Down into our Bear Targets
Neutral
Price action stays within our Trigger levels (inventory rebalance)
Side Note
Each level has potential to reverse not all targets may be met.
Related publications
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.
Related publications
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.