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

NFLX - High Tight Flag - 2021-10-21 before breakout daily

After Breakout

NFLX - High Tight Flag - 2021-10-21 after breakout

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