Netflix, Inc.
Long

$NFLX - Can it bounce from trendline?

112
NFLX Netflix has paid the head and shoulders breakdown and reached the $368 target as mentioned in my previous post on Aug 15.

Currently, it's trading within a downtrend channel. There is a potential for a bounce from the lower trendline.

However, there is still a risk that it can see further downside to $354. So know your risk.

Targets to the upside:

$387.37
$411

Downside risk:

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