January 2, 2011

NFLX Weekend update

DAILY CHART
DAILY CHART
WEEKLY CHART
WEEKLY CHART
  • NFLX Daily chart is looking negative with price breaking a trend line support and its 50 day moving average. This price action will be negative in the short term and will favor bears.
  • Weekly chart is also showing a trend line beak. Trend in  Weekly chart can change completely if price breaks and close below 20 week moving average.

1 comment:

  1. Hi San Bhai

    May this new year brings more and more knowledge to your life..
    Happy New Year

    Your Reader
    Vaibhav Gupta

    ReplyDelete