$NFLX 528 Pivot Breakdown. Charts w/ @tradingview
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NFLX 4 Hour Chart
- Huge run up following the break of our wedge and a break of the critical 504.66 level
- Today we closed just below 528. Going into tomorrow this will be our critical pivot. If we can hold above, watch for a move up to our channel resistance, if we fail to hold watch for a move back towards 528, 510
- Stochastics indicating being a bit on the oversold side, but we still have no clear signal of reversal. Will watch tomorrow... again that 528 level is critical
NFLX 4 Hour Chart- Huge run up following the break of our wedge and a break of the critical 504.66 level
- Today we closed just below 528. Going into tomorrow this will be our critical pivot. If we can hold above, watch for a move up to our channel resistance, if we fail to hold watch for a move back towards 528, 510
- Stochastics indicating being a bit on the oversold side, but we still have no clear signal of reversal. Will watch tomorrow... again that 528 level is critical
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