netflix montly
In monthly timeframe we deal with a uptrend.
next obvious thing is a negative Regular divergences. based to former experience on this chart a correcive phase might start here. check the red boxes.(Aug 2011 till sep2012 and nov 2015 till sep 2016).
According to the acsending nature of this chart it's better not to consider -RD as a selling signal but It's crystal clear, if you want to buy and hold Netflixes shares, this might not be the right time!
next obvious thing is a negative Regular divergences. based to former experience on this chart a correcive phase might start here. check the red boxes.(Aug 2011 till sep2012 and nov 2015 till sep 2016).
According to the acsending nature of this chart it's better not to consider -RD as a selling signal but It's crystal clear, if you want to buy and hold Netflixes shares, this might not be the right time!
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