- 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.
April 18, 2017
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.