EvanMedeiros

slop over slop, needs to hold 250 into the end of the week

BATS:NFLX   NETFLIX INC
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$NFLX needs to hold above this old trading range if it is to get any traction to the upside. 250 level become an important weekly close reference point. You don't want to see it get sucked back down below there else the 240 lows will probably come fast and it's flip a coin if it can hold there again. Breaking below 250 briefly is fine, but keep a close watch on how long it stays below there and the type of price action it generates for clues.
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