NFLX better get your popcorn
Updated
Time to netflix and chillout or time to breakout... I am expecting a breakout here..
Consolidating for a few days now after filling out this pennant, sitting above the 200MA indicating it is still holding positive momentum and bullish divergence on the MACDs. I will be looking at this to break above the trend line and load calls upon price action, or you can apply an area of value trade and buy in the ellipse and set stop losses at last support. Popcorn is almost ready, will you be!?
Consolidating for a few days now after filling out this pennant, sitting above the 200MA indicating it is still holding positive momentum and bullish divergence on the MACDs. I will be looking at this to break above the trend line and load calls upon price action, or you can apply an area of value trade and buy in the ellipse and set stop losses at last support. Popcorn is almost ready, will you be!?
Note
Higher highs and higher lows
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