Netflix in More Trouble? Netflix - Short Term - We look to Sell at 358.64 (stop at 378.80)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 360.00. The primary trend remains bearish. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 291.27 and 281.07
Resistance: 360.00 / 400.00 / 450.00
Support: 300.00 / 290.00 / 250.00
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