Nice bounce on well-respected support and the 61.8% retracement關於NASDAQ:NFLX由danbeaulieu提供 — TradingView

Trend Analysis Chart Patterns 618 Fibonacci Retracement support riskreward entry Bullish Patterns

trendanalysis chartpattern 618fibonacciretracement support riskreward entry bullish

snapshot

NFLX
NETFLIX had a great bounce here at well-respected support and the important 61.8% retrace. Having closed above the 200 simple moving average this chart offers a decent risk reward setup.
Having said that, one should be aware of the somewhat debatable head & shoulders pattern on the daily weekly.

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