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WhistleTips
Feb 28, 2019 11:54 PM

NFLX to close the gaps! Short

Netflix, Inc.NASDAQ

Description

NFLX has been the poster child for NASDAQ gains. There were a lot of gaps upward from the December lows with not much changing fundamentally, (Disney and other competition entering the market 2019). Keep a close eye on the current rising wedge - if it breaks to the downside, short until $320. If this breaks to the upside, close your short and wait until $380 to re-evaluate a short entry.

This is not financial advice.
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