NFLX Short: Very Good Place to Short!!
Netflix reached neck line of the "head and shoulder pattern".
Netflix tried to go up but it continue to fail and it made "ascending wedge".
We can also see Berish Divergance on MACD, RSI, STOCH.
When we check the "4hr chart"(thursday, friday)
1. After dropping out from the bottom of wedge...
2. NFLX retested bottom of the wedge.
3. Failed again.
Now we can short !!!
Target level is 328.90~321.00 and we can change to long in this price!!!
Netflix tried to go up but it continue to fail and it made "ascending wedge".
We can also see Berish Divergance on MACD, RSI, STOCH.
When we check the "4hr chart"(thursday, friday)
1. After dropping out from the bottom of wedge...
2. NFLX retested bottom of the wedge.
3. Failed again.
Now we can short !!!
Target level is 328.90~321.00 and we can change to long in this price!!!
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