NFLX = ULTRA BULLISH --> 520 PT 1, THEN RETEST ATHðð
Without sharing every bit of my TA, take a look at this incredible setup!! First target should be 520, and we'll see how we do here -- I'm thinking very well. Then, if we continue to retest ATH, I'd guess that we blow right through it... with a stock split announcement, this could soar to $700 within the next few months, EASY...
Of course, this is with good volume, but it really won't take too much to push it up. When you have MAJOR TREND breakouts like this, SP can float or fall more easily. That said, I'd recommend a good hedge to 440 and trailing stop; however, definitely heavier to the upside!
MACD = Ready
RVGI = Ready
RSI = Ready
SAR point / TARGET: ~520
Best,
OGD
Of course, this is with good volume, but it really won't take too much to push it up. When you have MAJOR TREND breakouts like this, SP can float or fall more easily. That said, I'd recommend a good hedge to 440 and trailing stop; however, definitely heavier to the upside!
MACD = Ready
RVGI = Ready
RSI = Ready
SAR point / TARGET: ~520
Best,
OGD
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Great attempts the last few days... Honestly, not impressed AT ALL with this ticker... but VERY IMPRESSED with bulls' pushes... Likely going to 480, then 470, then maybe 440 depending on if/when volume picks up. THAT is the one big thing with NFLX: VOLUME. IF it gets good volume, it can soar better than any FATANG++ imo. Again, great work, but we'll wait until this bottoms out for now.