Will the Ascending Triangle hold or fail? Plot your targets on the chart.
Bullish continuation pattern.
Gradual reversal from bearish to bullish.
Sideways movement between parallel supports.
NFLX is showing interesting structural developments at $98.66. With a last close of $98.66, volatility remains active (3.25%). Price action has carved out a classic Rounding Bottom. The trend indicator is reading 18.4/100, suggesting moderate momentum. A potential breakout level is identified at $100.19, targeting $125.37 with support near $87.6 (R:R 2.0).
What is your outlook on NFLX?