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themarketzone

Daily broadening formation - reversal pattern in $NFLX

Netflix, Inc. (NASDAQ:NFLX)  
themarketzone  
NASDAQ:NFLX   Netflix, Inc.
Technical Analysis priceaction Triangle
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technicalanalysis priceaction triangle
I posted this pattern in my blog marketzone.tumblr.com since mid June.
False break to previous top and now the price is currently below resistance zone.
Towards the report, this pattern will be in focus (with bearish bias).
Break and close below 440$ can be important sign for the bears.

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