Is Netflix Ready For A Huge Reverse Stream?
NETFLIX INC (NASDAQ: NETFLIX) is about to trigger Bearish Move as per TTC Breakout Formation. The Critical Make-Or-Break Zone is at around 189. If it breaks decisively below this zone (on 1-hour closing basis), we may see sellers gaining control over the buyers to take it further down.
For Short-term targets, Trader should eye on 185 Zone. Then 176 is the next support. For Swing Traders, 173.50 Zone is Very Critical. Below which we can see a good amount of selling.
Netflix is an American entertainment company founded by Reed Hastings and Marc Randolph on August 29, 1997, in Scotts Valley, California. It specializes in and provides streaming media and video-on-demand online and DVD by mail.
For Short-term targets, Trader should eye on 185 Zone. Then 176 is the next support. For Swing Traders, 173.50 Zone is Very Critical. Below which we can see a good amount of selling.
Netflix is an American entertainment company founded by Reed Hastings and Marc Randolph on August 29, 1997, in Scotts Valley, California. It specializes in and provides streaming media and video-on-demand online and DVD by mail.
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