Netflix still has a leg lower to go.
Major MA resistance above, a lot of damage done.
Lower gap on chart looks magnetic.
Nothing has changed for the stock to bounce on such good volume, may be a suckers rally.
Earnings next week is crucial for the stock and the FANG stocks which are already weak, eg AMZN & FB
Lower gap on chart looks magnetic.
Nothing has changed for the stock to bounce on such good volume, may be a suckers rally.
Earnings next week is crucial for the stock and the FANG stocks which are already weak, eg AMZN & FB
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.