Netflix hourly double bottom

22 февр.

Great hourly double bottom shaped yesterday on Netflix chart. The context looks good: we are in the correction wave on daily with retracement ~50%. Broad market also recovered yetserday and looks strong.

I'll be defintely watching reaction near 586 level, where strong sell-off occured on Tuesday, with a goal to enter on the next hourly higher low

23 февр.

Заметка

Yesterday, provided a nice opportunity for an intrade long trade. Bulls confirmed their control by clearing out first resistance leve (586). There is still a bigger opportunity to enter on hourly higher low with profit target ~597