displyn

90 support level must hold for the Bulls.

NASDAQ:NFLX   NETFLIX INC
23 3 1
If 90 fails then 70 is the next target. However, this is a bullish signal at support ( bullish Harami) but price need to open above 95 and hold for the Bulls. Also, the MACD need to crossover and the stochastic need to curve up and cross the 20 level.

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Now, we have a double harami doji, 90 still is the line in the sand for NFLX.
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It's looking tempting at these levels.. Will wait and watch!
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displyn 2bigbrowndogs
I agree. But, the overall market is skittish right now. Ideally, I would like for it to bounce then wait for price to pullback and create a double bottom with a close above the 8ema. This would be a conservative entry.
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