Double Bottom (Bullish Reversal). Target: $547

Greetings, I’m current bullish on NFLX based on the technical analysis depicted in the charts.

Targets: $517, $532, $547

• Double bottom
  
• EMA (21) respect
  
• TTM Histogram up
  
• MACD Histogram up
  
• MACP Signal Cross (potential)
  

Think. Learn. Grow.

Kommentar:

Bearish divergence on the Weekly Chart. NFLX inside channel. If price price breaks either red-line, targets are marked for your convenience.