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andrew.berg andrew.berg PRO NFLX, D, Short ,
NFLX: NFLX head&shoulders
125 1 7
NFLX, D Short
NFLX head&shoulders

High-beta names feels a bit heavy at this point after a big run since mid of May. In Netflix, after it borke up bear chanel, it had a nice and clear move following the 8-day EMA from $350 to $475. It failed to hold above previous high $458. Right Shoulder was re-test of this resistance that is still in tact. Entry Short on break of neckline around $433-$434 could ...

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