wave3trading

NFLX may consolidate unless the tech sector remains strong

NASDAQ:NFLX   Netflix, Inc.
NFLX heading into layers of resistance so unless the tech sector stays as hot as today, it may take a breather and consolidate down or sideways for a few days before trying to break through. Also consider that it has run up a lot very quickly already so it will take a lot of buyers to keep the momentum going.
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