ericisom887

NFLX ABC Corrective Wave

Short
ericisom887 Updated   
NASDAQ:NFLX   Netflix, Inc.
Currently the primary resistance we're seeing is at the 0.382 Resistance area(price point 421.37, It is possible for NFLX to rally beyond this to the seconday resistance point of 428.53, if this line breaks, it's likely NFLX is not in a corrective wave form and could even reach to see newer highs.

Price Target: 376.00
Trade closed manually:
Pulled out of my trade after it failed to hold the 421 range. Overall trend is still down, but it appears to be having an ABC corrective wave upwards for the time being.

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