If you look at the , often times there is a 2nd opportunity to enter a divergence position.
When the diverges, gets overbought (80+), and then rolls all the way back down to oversold, which it has done, you can usually expect a continuation of momentum. This is common and hopefully it will play out as expected so it can serve as a prime example of the 2nd chance divergence.
I like how NFLX is set up and I like how it has been playing out.
Not setting targets or triggers on this one. It is more for education and to create a record.
As always, it could fail! Nothing is a certainty.
See my post on NUAN for a similar setup
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