TradingView
Will_Wong
Sep 5, 2018 9:26 PM

NFLX: Wave (ii) in progress. Could fill lower gap with Fib 76.4  Long

Netflix, Inc.NASDAQ

Description

or bounce off Fib 61.8 now.

Comment

Comments
GUMBY9662C
news did hit today carriers are starting to slow streaming speeds. I believe lots of head winds facing NFLX and i believe more likely retest channel lows.
Will_Wong
@GUMBY9662C, channel low would imply that wave 4 correction is not over but NFLX has been printing a higher high and higher low.
GUMBY9662C
@Will Wong, After that earnings and guidance I just don't see a lot of upside potential in the name. Best case in my book it pins near this level trading zone.
More