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Short

NFLX Distribution or Trend Continuation?

NASDAQ:NFLX   NETFLIX INC
254 2 3
NFLX             is currently testing support lost at the highs for the first time, and should get smacked back down to what was gained. Waiting to see if we continue to distribute or if we get absorption to make new highs. I'm leaning to continued distribution in the coming weeks. The break of 416 support would immediately signal a short back to support gained.
About to get messy...
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Agree & nice insight and chart!
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