celisk02

Netflix resistance 548

Short
NASDAQ:NFLX   Netflix, Inc.
Netflix has met its resistance level, i believe the stock will fall back to the 20MA level so around 535 and 530. The price will fall beggining next week as fear of a falling NASAQ spreads, i myself have bought a put option strike: 540 this friday. You can also see that the RSI and the stock trend are beginning a rotation just as the Stochastic RSI!
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