NFLX retesting broken trend + (M)MA50
Updated
Typical pattern, longer trend broken, NFLX dropped 80% from its peak and now full retest to the trend. (M)MA50 is important MA, so far market retested broken trend and dropped below (M)MA50 which is 412$. Looks like "dead-cat" bounce.
Trade closed: stop reached
Because market opened above (M)MA50 this trade is no longer valid, till another close below (M)MA50
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