IMF_Trading

$NFLX - Possible head and shoulders

NASDAQ:NFLX   Netflix, Inc.
$NFLX

Mapped out the scenario for a head and shoulders to form

See the MACD and SMI about to cross back over to a positive indication for the stock.

If this occurs, the game plan is:

Limit Buy: 431.50
Limit sell: 442.68
Stop loss: 423.19

63% growth in less than 3 months is a case in it of itself for profit taking.


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