I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower
NFLX has completed a certain geometric pattern and certain (though partial ) price cycle squaring. I'll be looking to go long. (My stop shall be the low at the right side of chart or more conservative stop shall be just below the low in the middle of the chart)
Showing posts with label NFLX Forecast. Show all posts
Showing posts with label NFLX Forecast. Show all posts
Monday, October 18, 2010
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)
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)
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