Will Wong
Long

NFLX: Pre Earnings Wave Count- wave 3 of 5 in progress. 1.618

NASDAQ:NFLX   NETFLIX INC
565 views
7
Ext will take it to $498
Comment: Subscription numbers missed expectation. Drop 12%

Comment:

Comments

hey this after hour drop is crazy. Does it invalidate the count?
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Will Wong Getitdoneson
@Getitdoneson, have to wait for the cash market to open tomorrow. After hours do not count because of the low volume.
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@Will Wong, so it looks like we're still on the path of the subwave 3 now yes?
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Will Wong Getitdoneson
@Getitdoneson, yes. Needs to clear $367 to continue the bull trend. $367.50 is the top off wave (i).
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what would your entry price be?
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Just asking what about retracing to $356 then move to $498
+3 Reply
Will Wong FatherMike
@FatherMike,

Sub (ii) is a sharp and therefore sub (iv) should be a flat so I don't expect wave (iv) to drop further. But hey, anything is possible.
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