Netflix has made a new higher high last week, but the MACD shows now a new lower high. The MACD divergence is a indicator signal for a possible change in direction. Due to its bearish character the price could decrease from now on in a downtrend.
Trade closed: target reached:
Also done some daytrading. Very much resistance at 303, position now closed due to a possible rebound. The price decreased too much today. I will consider entering short tomorrow.