jamespwu

NFLX big NEG. RSI divergence on the Weekly Chart

NASDAQ:NFLX   Netflix, Inc.
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NFLX is showing NEG RSI divergence on the weekly chart. Please look at the red down arrows on the chart. It also showed a breakout failure. The next important support level is around 110, top of the wedge breakout. The short trade is not for everyone.
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