Jan. 31 at 4:39 AM
$NFLX - 8Hr vs Weekly tf is a textbook "Breakout & Retest" play! 🔌⚡️ Price cooled from the
$81 top to find a floor at the 8hr 200-SMA (~
$75). With the Weekly showing its strongest accumulation volume in years, the "Smart Money" is betting on a massive recovery ahead of Feb 5 earnings. 📈🐳
🐂 Bulls: Must hold the
$74.90 pivot to keep the weekly breakout alive and target
$95.
🐻 Bears: Looking for a break below
$72.80 to kill the momentum and target
$68.
Confirming level:
$81.43
#TechnicalAnalysis #hovd
$NFLXID