April 18, 2017

  • Netflix daily shows an Ascending channel. If bullishness sustain price likely to hit 149 plus levels to reach channel Top.
  • 20 SMA is positioned bullishly above 50 Day SMA. For bears need to close daily time frame below 142 levels.
  • Staying above the cloud will keep the bullish trend intact.


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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore