lpop4264
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NFLX Possible Head and Shoulders

NASDAQ:NFLX   NETFLIX, INC. - COMMON STOCK
Overall, bearish on NFLX             right now. Possible head and shoulders forming and I will like to see how this plays out. That being said, user growth is looking very healthy, and with summer approaching (kids being out of school and having loads of dead time), I would be interested to see if this growth can continue over into the next quarter.
How is that a H&S if the right shoulder has already gapped up to 323 and could potentially double top at 333
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lpop4264 dondraper
@dondraper, I would say that recent price movement from the very impressive earnings would probably negate this pattern right now. I made this before we saw the nice 10% gain it made.
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dondraper lpop4264
@lpop4264, got it. thanks
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lpop4264 dondraper
@dondraper, fundamentals outweigh TA in this scenario by a long shot
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