Tuesday, August 10, 2010

Some Stocks to Look at (NFLX)

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower of hidden and obvious.

NetFlix, symbol NFLX, has been trying to trade higher and it has failed in its third attempt yesterday. Although it has successfully filled the gap, however its rejection (though, expected) at this level, indicates a further down move is imminent. Furthermore, it has been squaring its price cycles beautifully. Its below profit target is at least $92.88 (with GOD's Willing and Blessings)

2 comments:

Anonymous said...

Thanks Mr.Syed.

God Bless.

Patrick

luc said...

thanks for update. what about aapl ? im still holding puts and they are worth almost nothing now