NFLX is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 50 days and may test it again within the next 3 days.
Related Posts
Supports and resistances are primary concepts of technical analysis. TSLA is heading for an important price of 312.3400 – read about what this could mean for the future.
The price of TSLA in heading back to the resistance area. It is possible that it will struggle…
A Channel Up has formed, GOOGL is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
The movement of GOOGL towards the resistance line of a Channel Up is yet another test of the…
If NFLX touches 1180.9000 it may be time to take action.
NFLX is heading towards a line of 1180.9000. If this movement continues, the price of NFLX could test…