[5] NFLX, ABNB, EDU
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First for the week! Let’s review some names:
Netflix, Inc. (NASDAQ: NFLX)
NFLX had a channel breakdown several months ago, resulting in a deeper retracement. It came back into the 82.11 major level (yearly, half-yearly, quarterly) which has resulted in a strong bounce over the past 3 sessions.
Currently, it should be headed back into the dark-blue resistance trendline. Breakout here, and NFLX should retrace back into the red resistance trendline + 106.45 quarterly resistance.
Otherwise, a breakdown below 82.11 can see a deeper retracement into the prior ATHs at 70.
Airbnb, Inc. (NASDAQ: ABNB)
ABNB has been compressing for several years in this lower highs and higher lows pattern. The key trigger for upside is the 134.64 Fib, which should see a move back into the resistance trendline.
Moreover, a breakout close above the trendline should also see continuation into the 150-155 resistance zone.
Note that 129-132 is a higher timeframe (half-yearly + quarterly) zone that must hold for further upside, otherwise ABNB can push back into 126.
New Oriental Education & Technology Group, Inc. (NYSE: EDU)
EDU is currently consolidating in a descending broadening wedge pattern. It’s also trading above the 54.33 Fib level that sees confluence with 53-54 higher timeframe levels (yearly + half-yearly).
A breakout above the resistance trendline can see a push towards the unfilled half-yearly imbalance at 64-68.
A breakdown below the 54.33 Fib level & 53-54 area will see 47.
@TigerWire @TigerStars @TigerEvents @CaptainTiger @MillionaireTiger
$Netflix(NFLX)$ $Airbnb, Inc.(ABNB)$ $New Oriental Education & Technology(EDU)$ $Apple(AAPL)$ $Alphabet(GOOG)$
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- keke006·01-24Spot on with ABNB! That trendline breakout is key for a push to 150. [看涨]LikeReport
- AuntieAaA·01-25好的LikeReport
