July 24, 2013

NETFLIX Chart update

 
 
  • NFLX Managed to close the day above its crucial support level of 248. More weakness only on price closing below this level.
  • Fib levels shows price taking support at 38.2% Fib level. Strength on price moving back above 23.6% Fib level, Weakness on breaking below 38.2% Fib level.
  • Daily chart shows MACD moving towards a bearish cross, For this one to do well price needs to trade below 20 Day SMA.
  • APPLE Support and Resistance levels
-->

No comments:

Post a Comment