Sunday, August 21, 2011

NFLX - Netflix Bearish Head and Shoulder Pattern Formation

Netflix could be headed lower as the price action fell below the neckline as well as the 200ma. The gray zone is an area of potential support. I'm looking for the stock to bounce back and fail at the neckline for a short play.

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1 comment:

  1. UnknownOctober 27, 2014 at 5:07 AM

    Thank you for an additional fantastic blog about NFLX - Netflix Bearish Head and Shoulder Pattern Formation

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