NFLX - High Tight Flag - 2021-10-21
NFLX Trade Summary
Performance metrics and trade details for NFLX breakout.
- About
Netflix broke out of the bull flag pattern on day 2 after its earnings report. Unfortunately, market conditions in November 2021 were choppy, leading to a quick sell-off after two weeks. However, exiting after the first close below the 10 EMA would still have secured a 5% profit, which was a solid outcome given the market environment.
Before Breakout Daily
After Breakout
Market Correlation Analysis for NFLX
Top Similar Tickers
Stocks that move in the same direction as NFLX
| Rank | Ticker | Score |
|---|---|---|
| No similar stocks found in the current universe. | ||
Top Inverse Tickers
Stocks that move opposite to NFLX
| Rank | Ticker | Score |
|---|---|---|
| No inverse stocks found in the current universe. | ||