yeah not sure I have any conviction here either, it's sitting
just above the 50 day MA major support where it could pop up for a
5th wave, however the 9 and 20 MA's have flattened out which means
it's also more vulnerable to a breakdown instead -
basically the stock is at a breakpoint where it's either gonna bust
down or pop up. Yeah I know I'm saying it could do this or
that, but what I'm stressing is that it's at a critical junction
for a big move, and seems like could go either way here
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yeah not sure I have
NFLX pricing in a massive earnings move today. I don't ...
Posted by matt on 18th of Apr 2024 at 01:21 pm
yeah not sure I have any conviction here either, it's sitting just above the 50 day MA major support where it could pop up for a 5th wave, however the 9 and 20 MA's have flattened out which means it's also more vulnerable to a breakdown instead - basically the stock is at a breakpoint where it's either gonna bust down or pop up. Yeah I know I'm saying it could do this or that, but what I'm stressing is that it's at a critical junction for a big move, and seems like could go either way here