NFLX: Volume needs to increase to break up through resistance
NFLX is currently resting after a strong speculative momentum run out of its low of December. The sideways pattern is just below previous high resistance levels. Volume needs to increase before it can test the resistance for a breakout move. HFTs run this stock rather than gap it.
Martha Stokes, CMT
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Learn how to use the technical patterns of each market participant for better trade planning.
