NFLX is heading towards 1003.1550 and could reach this point within the next 12 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
A Rising Wedge has formed, AAPL is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Emerging Rising Wedge pattern in its final wave was identified on the AAPL 15 Minutes chart. After a…
XOM heading towards a price it has tested 3 times in the recent past.
The price of XOM in heading back to the resistance area. It is possible that it will struggle…
BABA experienced a very large 38 days bullish move to 126.96
Those of you that are trend followers are probably eagerly watching BABA to see if its latest 57.62%…