EvanMedeiros

the ol cup n handle

Long
BATS:NFLX   Netflix, Inc.
0
$NFLX great strength here this week as it reclaimed the 220 level and pushed hard off the weeks lows. Nice developing cup and handle pattern that could use more time filling out the handle before attacking the 230 level. I continue to remain bullish on this name and any strength in the indices should set up some nice long side opportunity in Netflix. However I do believe it needs to rest a bit here as it just ripped $20 from low to high this week.

Evan Medeiros
Founder, Trade Risk
---
Website: www.thetraderisk.com
Twitter: www.twitter.com/evanmedeiros
Latest Analysis: thetraderisk.com/smw
Free Newsletter: www.thetraderisk.com/trading-newsletter
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.