NFLX - Netflix Inc (Extended Hours) - 4h - CAPITAL.COM
Analysis and Forecast:
Trend Analysis:
The chart shows an upward trend within a channel.
The price has recently pulled back to the channel's support line.
Entry and Exit Levels:
Long Entry (Buy): If the price holds above the support around $634.34, a buy entry can be considered.
Target: $701.47
Stop-Loss: $596.73
Supports and Resistances:
Important support at $634.34.
Nearby resistance at $701.47.
Indicators:
Oscillator, RSI, and Stochastic indicate that the price is in a possible bullish reversal zone.
Considerations:
Long (Buy): If the price holds above $634.34, the expectation is for the continuation of the upward trend.
Short (Sell): If the price falls below $634.34, a sell entry can be considered, targeting lower supports.
Disclaimer:
This analysis does not constitute financial advice. Do your own research before investing.
Trend Analysis:
The chart shows an upward trend within a channel.
The price has recently pulled back to the channel's support line.
Entry and Exit Levels:
Long Entry (Buy): If the price holds above the support around $634.34, a buy entry can be considered.
Target: $701.47
Stop-Loss: $596.73
Supports and Resistances:
Important support at $634.34.
Nearby resistance at $701.47.
Indicators:
Oscillator, RSI, and Stochastic indicate that the price is in a possible bullish reversal zone.
Considerations:
Long (Buy): If the price holds above $634.34, the expectation is for the continuation of the upward trend.
Short (Sell): If the price falls below $634.34, a sell entry can be considered, targeting lower supports.
Disclaimer:
This analysis does not constitute financial advice. Do your own research before investing.
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.