Trading Idea for NFLX (Netflix, Inc.) Based on the 4-hour chart, Netflix appears to be experiencing a downside momentum. The price has been consistently testing lower levels and is currently trading below the short-term moving averages. The key support levels to watch are the Previous Month Mid of 640.36 and the Previous Quarter Mid of 616.11. Path of Least...
My trading approach is centered around price action, focusing primarily on the range of previous candles rather than relying on complex technical indicators. I believe that the price itself tells the most important story, and analyzing the behavior around key levels, such as previous highs, lows, and midpoints, gives me the clearest insight into future...