lpop4264
Short

NFLX Possible Head and Shoulders

NASDAQ:NFLX   NETFLIX, INC. - COMMON STOCK
Overall, bearish on NFLX             right now. Possible head and shoulders forming and I will like to see how this plays out. That being said, user growth is looking very healthy, and with summer approaching (kids being out of school and having loads of dead time), I would be interested to see if this growth can continue over into the next quarter.
How is that a H&S if the right shoulder has already gapped up to 323 and could potentially double top at 333
Reply
lpop4264 dondraper
@dondraper, I would say that recent price movement from the very impressive earnings would probably negate this pattern right now. I made this before we saw the nice 10% gain it made.
Reply
dondraper lpop4264
@lpop4264, got it. thanks
Reply
lpop4264 dondraper
@dondraper, fundamentals outweigh TA in this scenario by a long shot
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out