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RealMacro

NFLX Breaking Down From Key Area

Short
Netflix, Inc. (NASDAQ:NFLX)  
RealMacro Updated   
NASDAQ:NFLX   Netflix, Inc.
Trend Analysis Chart Patterns Fundamental Analysis NFLX
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trendanalysis chartpattern fundamental nflx
NFLX today is down 4% Plus breaking down from key areas. That could lead to much lower prices.

Simple Risk/Reward Setup to take profits or short.
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So far so good
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New lows. NICE!
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After breaking the crucial zone, every attempted pump the stock has been liquidated. The finer details are important.
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As expected.

What I do works in practice, not in theory.
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Breaking another key area.
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Bigger H&S now forming. Bad juju!
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Not a good day for NFLX today and as I mentioned back on March 23rd a right shoulder may be forming. Today we got a little bit closer to forming that right shoulder. Bad Juju!

snapshot
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