Wednesday, August 1, 2012

#Netflix - $NFLX update.

Remember this weekly chart of Netflix ticker $NFLX I posted on June 8 ( reprinted below) where we wondered if that level could hold?

Well it didn't. Things will get interesting now and not in a good way. The daily view belowThe dead cat hit the pavement, bounced,  and has now fallen through a manhole cover on the street. Big time trouble ahead. 

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