$NFLX has bounce off the lows of $52 twice and seems ready for a rebound.
However, on the Ichimoku chart, it is stil in Bearish territories.
Couple of resistance ahead.
1. Huge gap resistance formed back in July
2. Chikou Span resistance at around $65
3. Immediate resistance from the Tenkan sen at $57 to 58 range.
Apart from that, the leading kumo is pretty much flat. There is no suggestion that the trend has changed and possibly a continued downwards movement.
