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Boernerer

Netflix can't close big gap, running against resistance

Short
Netflix, Inc. (NASDAQ:NFLX)  
Boernerer  
NASDAQ:NFLX   Netflix, Inc.
Trend Analysis
8
0
trendanalysis
Netflix formed a bearish engulfing today, showing problems closing the big gap from a few months ago. Looks like its running against strong resistance from above.
If NFLX can not close this gap, the downside is wide open and a long move down looks probable.
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