Technical Analysis – Netflix (NFLX) 1D Chart
Netflix (NFLX) is currently trading at $918.00, up 3.13% for the session.
- Support Level: Around $864.20, providing a strong demand zone.
- Resistance Level: Near $972.32, where selling pressure may emerge.
- Gap Formation: A price gap exists between support and resistance, indicating previous volatility.
If the price holds above support, a retest of resistance is possible. However, failure to sustain above support could lead to further downside. A breakout above resistance may trigger a bullish continuation.
Key Levels to Watch:
- Breakout above $972.32 for bullish momentum.
- Breakdown below $864.20 for potential downside risk.
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Netflix (NFLX) is currently trading at $918.00, up 3.13% for the session.
- Support Level: Around $864.20, providing a strong demand zone.
- Resistance Level: Near $972.32, where selling pressure may emerge.
- Gap Formation: A price gap exists between support and resistance, indicating previous volatility.
If the price holds above support, a retest of resistance is possible. However, failure to sustain above support could lead to further downside. A breakout above resistance may trigger a bullish continuation.
Key Levels to Watch:
- Breakout above $972.32 for bullish momentum.
- Breakdown below $864.20 for potential downside risk.
Don't forget to hit the like button & share your thoughts in comment section.
Trade active
Note
price start falling now, towards target area. 
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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.
💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
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.