Sell signal — week 6
Netflix: the decline holds, but the double bottom demands attention
Sell signal — week 6
In Summary
Netflix is at week 6 of a sell signal, with a 12.7% gain from entry. The week closed down 2.2%, but the technical picture is more nuanced than prior weeks: a double bottom has formed in the 80 area, and flow indicators show early signs of easing pressure. Those holding a short position are monitoring the evolution closely.
IQS Phase
83
in tension / maturity
Signal Strength
27
indecisive week
Sizing
MINIMUM
Ranking
#4 / 114
US stocks
Trade P&L %
+12.73%
from signal to today
restricted Platinum content