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NFLX forms Upper Bollinger Band Walk on August 20
NFLX posted a 0.1% loss on Thursday, August 20th, accompanied by 0.6× normal trading volume. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 79.46, 78.77 & 77.96, with resistance at 80.95, 81.76 & 82.45. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of NFLX: C
This might just be the start. See what else showed up for NFLX today.
Read full article here »