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Even further down for Netflix? Could be so...

Short
Netflix, Inc. (NASDAQ:NFLX)  
Flinttrades Updated   
NASDAQ:NFLX   Netflix, Inc.
Support and Resistance Head and Shoulders Wedge
5
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supportandresistance headandshoulders wedgepattern
NFLX is one of the big names that has had a tremendous bull run the past year. But after touching $485 only just a month ago, and falling with the rest of tech on the most recent pullback, NFLX currently sits at $404.53 per share and looks to be on the verge of an even larger move down.
Here we see a head-n-shoulders pattern with the pattern already beginning to follow through. Not saying NFLX is doomed, but this is something to keep an eye on.

If the head-n-shoulder pattern plays out, look for a drop to $360ish.
Comment:
Seems we are bouncing from a support before this pattern plays out
snapshot
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