NFLX has been in this area quite a while now and I think it will pop sometime near future with NDX.
Assuming the bottom is in first target will be to fill the gap - 0.5 retracement: $338
2nd the 0.618 - $401.
And I may leave a little in trade from there and see if it can punt a bit higher.
Not advice.
Assuming the bottom is in first target will be to fill the gap - 0.5 retracement: $338
2nd the 0.618 - $401.
And I may leave a little in trade from there and see if it can punt a bit higher.
Not advice.
Comment:
To complete the thread - I have sold NFLX and all longs since the index tide is turning south. I hold only shorts.
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Deep analysis - I keep the juicy details for my clients.
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