Users: Violet: slopechart_NFLX.jpg

slopechart_NFLX.jpg

Does this chart of NFLX look strong?

Image added via SlopeCharts
slopechart_NFLX.jpg

Comments

VioletViolet
Look at the A/D Accumulation. 10/25/23
VioletViolet
10/25/23
LZLZ
Spicy. 10/25/23
Mr. WizardMr. Wizard
@Violet  
I see it completely differently but the result is similar. 
 
Bearish 
The last couple days are mashed up against a descending trendline (heavy red line). 
Lower highs and lower lows, very consistently, even in the subpatterns. 
Possibly bullish 
The HnS (blue circle) failed, but has now met target. 
 
I'd probably wait to see if it breaks above the upper line, but right now it's probably a sell. 
10/25/23
VioletViolet
Thanks, Wiz, yes on the perspective, but I wouldn't say yours is "completely" different. 10/25/23
VioletViolet
The HnS (blue circle) failed, but has now met target.  
 
Will you explain the implication of this, please? 10/25/23
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