TRADING TIPS

NFLX Next Price Targets

Hubert Senters here. Let’s take a look at Netflix with a Fibonacci extension or projection depending on what your platform calls it. This is a clear cut example. It’s really easy to see even people that can’t see them will notice this in this pattern. Trade Station calls it the price extension so obviously you’re going to go click once up higher click twice and then lower. You’re looking for this right here. A low. A high. A higher low. And then it will extend these lines or project them with a price point so obviously you can see this really quickly here. All we’re going to do there’s actually another way that you can do this. You can actually just bring those over there to it but I’m going to start fresh and show you a potential target on Netflix. We’re going to go from this low to that high to this low right there. And I’ve got it left just defines the right so what I’m going to do is I’m just going to bring it down here and cheat a little bit. I’m going to go low, high, low. Next target for Netflix $560, $585, $610 and $626. Good luck. Hope it helps. See you on the next video. Hubert.

1 Comment

  1. Sean A Buckingham

    Thank you very much, Hubert. You have helped me in all my trades

    Reply

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