Netflix MACD Divergence

While Netflix has been the darling of the Covid-19 Pandemic trade period, there is some technical weakness evidenced by a divergence on the MACD . While a higher price point such as $490-$500 is achievable, this may be used as a zone of distribution for larger holders.
Non-recommendations from a non-financial expert - #NFLX has increased downside risk while showing waning momentum to the upside. Expecting a retracement urged on by possible short position.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out