Another look at a NFLX Daily Chart
. Similar to my other one, but a deeper look. This thing is up 150% this year. Most of the up moves being gap ups on earnings
. It was a good momo stock, but you have to believe that it's going to give back some. I think it will retrace to the 0.618 retracement
of the most recent leg up. Which would be a perfect bullish
retracement. A Bullish Shark
happens to complete around this area as well. We shall see how this works out.