$NFLX Ez SHORTEverything on the chart. Two scenarios but both short. After a local rebound, the fall will continue.
(yellow Scenario) If this a local correction our target area ~396$.
(red scenario) if this impulse our targets will lower on 383 and 372$. I would fix at least 50% of our profit when we come to the area 396$.
stop: 433$
Good luck guys.
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Nflxanalysis
NFLX Why am I in no rush to buy Netflix.Many analysts say that now is the best time to invest in some stocks. For example, Netflix. But according to Elliott’s theory, I will invest in stocks when the price is around $ 250 per share. I believe that the price will reach this level by the end of summer
NFLX stock price prediction trend analysis by pretiming28-Jun NASDAQ:NFLX
Price forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position about Supply-Demand(S&D) strength: In Falling section of high risk & low profit
Supply-Demand(S&D) strength Trend Analysis: In the midst of a downward trend of strong downward momentum price flow marked by temporary rises and strong falls.
Today's S&D strength Flow: Supply-Demand strength has changed from a weak selling flow to a suddenly strengthening selling flow.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.3% (HIGH) ~ -2.6% (LOW), -1.8% (CLOSE)
%AVG in case of rising: 2.2% (HIGH) ~ -0.8% (LOW), 1.4% (CLOSE)
%AVG in case of falling: 0.9% (HIGH) ~ -2.1% (LOW), -1.5% (CLOSE)