Wingfield

Netflix Leading the charge downwards

Short
NASDAQ:NFLX   Netflix, Inc.
NFLX like many of these setups, there's plenty of room to come down. NFLX appears to be ahead of the game as it's pushed it's lower high earlier than most and could help lead the charge downwards. Key level 318 will be watched for possible recovery above however we are more than likely expecting the bears to take charge below 269.21
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