$NFLX setting up for a breakout
Since Mid-May 2022
NFLX hits the low (163)
Mid-June 2022 hit the low (163) support 2nd time
Mid-July 2022 almost hit support (163) 3rd time
Mid-Aug. 2022 hit uptrend resistance at (253)
Mid-October 2022 broke uptrend support at 225 but it defended at 221 level and rebounded
End-of Oct. 2022 hit uptrend resistance (304)
1st wk of Nov. 2022 hit uptrend support ((250)
Mid-Nov 2022 hit uptrend resistance (316)
Mid-Dec. 2022 hit Uptrend resistance (332)
End of Dec. 2022 hit Uptrend support (274)
After Earnings, Jan. 2023 broke uptrend resistance (358)
It took 3 months and tested uptrend resistance level 4 times and broke above at the 5th time.
NFLX hits the low (163) Mid-June 2022 hit the low (163) support 2nd time
Mid-July 2022 almost hit support (163) 3rd time
Mid-Aug. 2022 hit uptrend resistance at (253)
Mid-October 2022 broke uptrend support at 225 but it defended at 221 level and rebounded
End-of Oct. 2022 hit uptrend resistance (304)
1st wk of Nov. 2022 hit uptrend support ((250)
Mid-Nov 2022 hit uptrend resistance (316)
Mid-Dec. 2022 hit Uptrend resistance (332)
End of Dec. 2022 hit Uptrend support (274)
After Earnings, Jan. 2023 broke uptrend resistance (358)
It took 3 months and tested uptrend resistance level 4 times and broke above at the 5th time.
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