johntradingwick

Netflix - Possible relief rally?

johntradingwick Updated   
NASDAQ:NFLX   Netflix, Inc.
Key highlights:

1. Sitting in Daily demand zone
2. May try to reclaim 200MA cluster
3. Volume climax
4. Sitting at previous swing level
5. Formed a high volume bullish hammer on daily
6. RSI oversold on multiple time frames

Conclusion: Expecting a relief rally in the coming week.

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Comment:
9% up today itself. ✅

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

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