NETFLIX INC.: WAVE ANALYSIS

avatar
· Views 129



NETFLIX INC.: WAVE ANALYSIS
Scenario
TimeframeWeekly
RecommendationBUY
Entry Point636.40
Take Profit670.00, 730.00
Stop Loss625.20
Key Levels501.20, 539.76, 597.76, 670.00, 730.00
Alternative scenario
RecommendationSELL STOP
Entry Point597.75
Take Profit539.76, 501.20
Stop Loss617.08
Key Levels501.20, 539.76, 597.76, 670.00, 730.00

Growth is possible.

On the daily chart, a downward correction of the higher level ended as the wave B, and the upward wave C develops, within which the first wave (1) of C develops. Now, the fifth wave of the lower level 5 of (1) is forming, within which the wave iii of 5 is developing. If the assumption is correct, the asset will grow to the area of 670.00–730.00. In this scenario, critical stop loss level is 597.76.

NETFLIX INC.: WAVE ANALYSIS

NETFLIX INC.: WAVE ANALYSIS

Main scenario

Long positions will become relevant above the level of 597.76 with the targets at 670.00–730.00. Implementation period: 7 days and more.

Alternative scenario

A breakout and the consolidation of the price below the level of 597.76 will let the price fall to the area of 539.76–501.20.


Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.

Suka artikel ini? Tunjukkan apresiasimu dengan memberi hadiah untuk penulis.
Balasan 0
Belum ada komentar. Jadil yang pertama untuk membagikan komentar.

  • tradingContest