Ratio_Trading

Netflix INC - Buy the dip

Long
NASDAQ:NFLX   Netflix, Inc.
As we mentioned on May 13 when the spot rate was 174, the market has found a floor at 165 and went into A positive reaction to 205.
The upward move is not over yet and there is still an opportunity to go long again.
We recommend buying the dip with a stop loss at 169 and a take profit at 245 and 280.

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