Netflix held up well during last market downturn, will it again?
By:TradingView
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Bought NFLX a few days ago. You know I expect the broader market to move (much) lower before eventually going higher, but this setup was too strong to pass on as it had a double trend line break, a strong reversal and was bottoming at a logical support zone.
Netflix also held up very well during the last market downturn, which adds to the conviction.
I don’t like being positioned only short, so I’m happy to have some long exposure here.
Netflix also held up very well during the last market downturn, which adds to the conviction.
I don’t like being positioned only short, so I’m happy to have some long exposure here.
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