Predictive Analysis: Neutral-to-Bearish | #netflix #NFLX
Predictive Analysis: Neutral-to-Bearish | #netflix #NFLX
4xQ'ers,
Despite a stellar ascent, this little screen-that-could just posted an early bearish reversal signal with pending confirmation.
Defined in the chart are potential levels of support if price reels in new lows. Overhead hurdle at 367.24 should keep bears in doubt if broken - Structure high also defined.
OVERALL:
Neutral-to-Bearish pending bearish reversal confirmation. Do your due diligence. Chart and comments are for educational purposes only.
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
4xQ'ers,
Despite a stellar ascent, this little screen-that-could just posted an early bearish reversal signal with pending confirmation.
Defined in the chart are potential levels of support if price reels in new lows. Overhead hurdle at 367.24 should keep bears in doubt if broken - Structure high also defined.
OVERALL:
Neutral-to-Bearish pending bearish reversal confirmation. Do your due diligence. Chart and comments are for educational purposes only.
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting