Price action to watch on $NFLX
NFLX is falling into a daily triangle (small and large). Biggest range showcases a head and shoulders. A close below 423.72 is bearish unless we get a higher close on Monday. Eventually a bearish case take us down to the 61.8% fib, lowest triangle TL, or 393.83. Close above upper TL puts back to test 100% fib from March retracement or 458.97. Anything past that should take us to new all time highs. Keep your eyes pealed.
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