NFLXNETFLIX had a great bounce here at well-respected support and the important 61.8% retrace. Having closed above the 200 simple moving average this chart offers a decent risk reward setup.
Having said that, one should be aware of the somewhat debatable head & shoulders pattern on the daily weekly.
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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.