Eliottwavetheory
was wrong about the correction, shot right in my face. RIP3500 before election, then another major correction, 30%+.. think volitality will stay high, too many shorts. Thats is why i have it basicaly staying at this pace that we have been at.As long as donnie doesnt do anything insane, stock market run will continue! i will post on my twitter if there are any violations as well as other plays. @jayeliott_
NFLX ABC Corrective WaveCurrently the primary resistance we're seeing is at the 0.382 Resistance area(price point 421.37, It is possible for NFLX to rally beyond this to the seconday resistance point of 428.53, if this line breaks, it's likely NFLX is not in a corrective wave form and could even reach to see newer highs.
Price Target: 376.00
the only tech stock i think wont go up immediately THIS IS OK! if msft slacks we can still run, however id bet if we run like i expect it to this will be invalidated and just run with everything else.. time will tell, but if your day trading and bullish there are far better set ups. For now a #DONTTOUCH