4XSetUps
Long

NFLX @ Daily @ ready to take off (new all-time highs)

NASDAQ:NFLX   NETFLIX INC
Probably NFLX is one of the shares with the most exciting bullish perspectives !?
  • 133.27 (2015/12/07) is the actuallity all-time high price level
  • 129.29 (2015/08/05) was the 1st all-time - summer last year
  • 111.85 (2016/06/14) was the high in june this year before pressure appeared
An BreakOut above 133.27 should generate a mid-term buying signal & a BreakDown under 111.85 likely a mid-term selling signal :)

How ever,
as long NFLX is trading above the GAP (116.50 > 100.73) i am pretty bullish for this share ...
Prices from 120.37 until 116.50 are buying price areas for bulls !!!

  • 1st target should be 125.81 (end of extended downside trendline )
  • 2nd target should be 126.16 (temporarly high after november`16 lows)
  • 3rd target should be 128.93 (start of extended downside trendline )
After that, should the way into new all-time highs be free - likely only a quest of time :)

Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)

Best regards
Aaron
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