I commence with my gratitude to The Ultimate All-Knower
One of the stocks on my radar screen, setting up for big move, is NFLX. Every time, NFLX pulled back, it marked a low at 21 trading bars away from the previous low.
However, this may be the last of move up, as every time, selling has been taking a toll at it and it is probably exhausted. However, the last move usually is fast, quick and strong one. Just watch for break out and enter long, with stop just below the recent low of about $178. Break below $178 voids the pattern.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
how can aapl netflix or goog rise so much if there is change in trend coming ?