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NFLX: Price Action Analysis

Short
BATS:NFLX   Netflix, Inc.
0
Recent distribution after the leg up leads me to expect a possible head and shoulders or double top distribution pattern before retesting the leg start. The 2nd test really dictates which distribution pattern we may take, and the 1.5 Fib should act as a bounce area for shorts to take profits as we retest the support we would have previously lost.
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