electrifiedcapital
Long

NFLX BIG Breakout From 8 Months Rectangle

NASDAQ:NFLX   NETFLIX INC
62 0 0
Netflix             made a big breakout from more than 8 months rectangle - congestion range. Such breakouts are usually wonderful as the risk is easy to set. One can place stop below the low of the breakout bar and the take profit is the distance of the highest high of the rectangle and the lowest low of it. The only bad thing here is how fast its coming, so the take profit will probably be reached soon. But how cares how fast, don't we all like fast take-profits? Source: http://www.octafinance.com/
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