NFLX Forecast Update

I commence with my gratitude to The Creator


I had forecasted a run up into NFLX prices, when it was trading at $177-179 range. Although, it did break below the stop level of $178 (someone was pulling triggers on stops, to wash out sellers :-)), but when it came back above that level, it was sure sign that it would fulfill the forecast of higher prices. Next profit target is the test of previous highs.... Within a week???

Some Stocks to Look at - NetFlix, GOOG, AAPL

I commence with my gratitude to The Ultimate All-Knower

One of the stocks on my radar screen, setting up for big move, is NFLX. Every time, NFLX pulled back, it marked a low at 21 trading bars away from the previous low.

However, this may be the last of move up, as every time, selling has been taking a toll at it and it is probably exhausted. However, the last move usually is fast, quick and strong one. Just watch for break out and enter long, with stop just below the recent low of about $178. Break below $178 voids the pattern.

AAPL and GOOG are also setting up for a strong move. Their moves will be sudden and fast.