Netflix, Inc.Short
NFLX, still below the head and shoulders and uptrend line
Unlike the other FANG stocks, NFLX is still below the uptrend line of 104 to 105. It is also trading below the neck line of 105, It was relatively weak on the close Friday. The only positive is that it did not close at a new low below 100. The stock is now trading around the 61.8% of the FIB retracement. I am short with options below 105.
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