2waytrading

False Break-Out

NASDAQ:NFLX   NETFLIX INC
185 0 4
The price is within the large bullish cycle and upside momentum remains intact, but in the intermediate cycle there is a good chance price will complete recent sell off towards $420 area before it resumes a new higher high. This is a very volatile stock, and if you can't manage explosive moves both up/down u better go and get low volatile stock. Plus 11% short interest against the floating shares.. this number may increase next few weeks. If you want a real-time alerts try us http://www.2waytrading.com
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