Netflix, Inc.Short
NFLX setting up for a short entry
NFLX is setting up for a short entry. The stock had a strong approach into this zone which is a bit of a worry, but it is a key zone, the market is starting to look weak so it might catch a few traders off guard. However I would trade it with options spread only as it gives one a bit of a room in case it won’t drop right away.
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