bear flag if draw the line to connect all lows
Shares traded: 40
Closed P&L: $-0.30
Execution detail:
sorry... forget abt the 'today still breakout R2 (439)' comment. it is not relevant on this trade.
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On daily chart, NFLX make island reversal pattern.
This is a 'rare', therefore is a very very powerful pattern. (And to make it perfect, on Jan21 it open and pullback above MA200).
And today it still breakout R2 (439)...
Island reversal: Gap-down on mid-Oct, failed to fill the gap and keep moving down. But Gap-up on mid-Jan.