Will the Rounding Bottom hold or fail? Plot your targets on the chart.
Gradual reversal from bearish to bullish.
NFLX is showing interesting structural developments at $106.28. Currently at $106.28, the asset is showing upward momentum (3.02%). Our AI has detected a valid Rounding Bottom pattern. The trend indicator is reading 86.8/100, suggesting high momentum. A potential breakout level is identified at $106.57, targeting $138.13 with support near $90.79 (R:R 2.0).
What is your outlook on NFLX?