NFLX, similarly to AMZN, likes to consolidate for long periods of time prior to large explosive moves.
If you're still risk on, keep Netflix on your radar. It's nearing a breakout on the weekly timeframe from a consolidation period just over a year in duration. Similar weekly breakouts of clean patterns would be ADBE and HD with their 1W Bull Flags leading to 33% and 21% gains on equity within the following 2 months AFTER breaking out.
As of right now there's UOA on $570 and $575 calls expiring next week.
This one is on high watch for me going into next week.
Warwick Gorman
OptionsSwing Analyst
If you're still risk on, keep Netflix on your radar. It's nearing a breakout on the weekly timeframe from a consolidation period just over a year in duration. Similar weekly breakouts of clean patterns would be ADBE and HD with their 1W Bull Flags leading to 33% and 21% gains on equity within the following 2 months AFTER breaking out.
As of right now there's UOA on $570 and $575 calls expiring next week.
This one is on high watch for me going into next week.
Warwick Gorman
OptionsSwing Analyst
Education first, profits second.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Education first, profits second.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.