Bear, Netflix
Outbreak from zone but touched the resistance level in up trending channel and fell. Extremely overbought and lost momentum, looking at the price as well as RSI and MACD indicators. It is also a short-bet on Nasdaq 100. Entry 602, Target 560/ 520, Stop 617. Bear.
Note
closed position
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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.