$NFLX - Retrace When the Bollinger Band is Breached
$Netflix(NFLX)$ - Retrace When the Bollinger Band is Breached
A reversal is better timed when there is a bearish crossover in the Stochastic as highlighted with arrows, and the latest bearish candle suggest the decline is not over.
The recent breakout and Earnings Report suggest that a pullback is a buying opportunity, a bullish reversal lately has been seen at the 20DMA or lower Bollinger band.
$Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $SPDR S&P 500 ETF Trust(SPY)$ $iShares Russell 2000 ETF(IWM)$ $SPDR Dow Jones Industrial Average ETF Trust(DIA)$
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