Netflix is in an area of resistance. As you can see , the trendlines with multiple points are intersecting in this area. The bearish divergence on the Rsi , coupled with the confluence of resistance and extreme valuation, lends credence to a very profitable short here.
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.
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.