On NFLX - Newsome thinks this gap is very similar to Google 10/2013.
The one small difference is the large run up and gaps before NFLX gapped up. Therefore, in a month or so, when the daily EMA's catch up, buy the bounce. NFLX is headed into the $600's. There's nothing stopping it.
NFLX is a gap and go - broke out of resistance / distribution phase.
Analysis on 4/16/15
The one small difference is the large run up and gaps before NFLX gapped up. Therefore, in a month or so, when the daily EMA's catch up, buy the bounce. NFLX is headed into the $600's. There's nothing stopping it.
NFLX is a gap and go - broke out of resistance / distribution phase.
Analysis on 4/16/15
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.