In this chart we are looking at Netflix on the daily timeframe, you can see that although price is in a downtrend it is also coming down and testing some very strong support, the price has tested and bounced off this support before ( purple circles )
Price is also nearly at the tip of a wedge formation, a breakout of this wedge in a bullish way will see price take off.
Netflix are also due to release Q4 earnings on 17.01.19 after reading positive reports on Netflix IR we are expecting bullish movement.
All trade entry, SL and TP are reserved for our clients.
If you are interested in joining our team then just message us as we give a 2 week FREE trail.
Price is also nearly at the tip of a wedge formation, a breakout of this wedge in a bullish way will see price take off.
Netflix are also due to release Q4 earnings on 17.01.19 after reading positive reports on Netflix IR we are expecting bullish movement.
All trade entry, SL and TP are reserved for our clients.
If you are interested in joining our team then just message us as we give a 2 week FREE trail.