NETFLIX HEAD AND SHOULDERS TOPS , for confirmation wait for the breakout.
Bubble phases projected on NFLX 3W. Time to #shortthebubble?
Interesting outlier for FANGs - Price is flirting with a 4/5 Month Trendline (pink line) - Price has already broken a 3 Month Trendline (blue line) -Ceteris paribus, not much support if it drops, Volume Profile suggests price could move to 318 - if you are Longing FANGs, shorting Netflix might be a useful hedge? given the the recent price action? Food for thought...
Could these waves look any clearer?
Netflix is a SHORT all day and night. First target is 230 USD to close the first big gap up.
`The chart for Netflix on the daily time frame is turning bearish, this is also in line with the weekly time frame. The indicators are also indicating that a correction might soon come. Take profit target 143 - 139 and 122. Stop loss: 166
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
Probably NFLX is one of the shares with the most exciting bullish perspectives !? 133.27 (2015/12/07) is the actuallity all-time high price level 129.29 (2015/08/05) was the 1st all-time - summer last year 111.85 (2016/06/14) was the high in june this year before pressure appeared An BreakOut above 133.27 should generate a mid-term buying signal & a BreakDown...