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LukeSkywalker

NFLX HAS NO MORE VOLUME TO CONTINUE UP - 310 TARGET NEXT

Short
Netflix, Inc. (NASDAQ:NFLX)  
LukeSkywalker Updated   
NASDAQ:NFLX   Netflix, Inc.
Trend Analysis Elliott Wave NFLX netflix netflixlong netflixshort netflix_setup elliottwaveprojection elliotwaveanalysis
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trendanalysis elliottwaves nflx netflix netflixlong netflixshort netflix_setup elliottwaveprojection elliotwaveanalysis
Volume is getting lower and lower. 5 waves within the C is finished and we have a 1:1 extension of A-B. That means we are nearing us a end of the little long run we had.

My target for this mini short is 310

Keeping a SL at 358,5 would be the best, as there is a slight chance of a 1.272 extension.

After that we should see a drop to the above target.
Comment:
Previous analysis:
A LOOK AT WHY NETFLIX IS GOING TO HIT 162 USD
Comment:
NFLX did climb abit higher than expected. We did get to the 1.272 extension, and this is about to drop.

snapshot
Comment:
Wrong screenshot lol.

NFLX falling according to plan.

snapshot
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