Turning point: Positively identified as 2/16 (Friday)
Look at that vertical rally. At the end, tightest trading range with lowest volume. Nice cute reverse hammer on top. If you're short pat yourself on the back. If you're long hold on tight to your #$%$.
Calm before the storm.
Wrong, a reverse hammer signifies a price volume divergence which on two moving average curves, the slow %D line and the fast %K line, which, similar to the Omega price/index curve and the 30 day risk free axis means that the stochastics now show screaming NFLX buy signals based on the crossing of the lines.