Categories
Tech

Netflix (NFLX) : Price under pressure

Netflix price is under pressure.

It has fail to bounce up above 180 and is now sitting just above the kumo support.

On the leading kumo, we can see that it has twisted suggesting a change in trend is on the way; with a bias towards the down side.

By iam802

Trend trading with Ichimoku

2 replies on “Netflix (NFLX) : Price under pressure”

I agree. I love the product, but price action is very heavy, especially with consumer related stocks lately.

Comments are closed.