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Netflix, Inc. Message Board

  • chartists_view chartists_view Mar 15, 2011 12:46 PM Flag

    Chartist Warning..please read..thx

    Ho everyone,
    I went long NFLX at around 204 and sold my shares today. This has been an incredible stock. But for those that want to listen its time to sell it if you have been long term long. If you have any technical trading skill then take a look at a monthly chart and the monster topping tail along with the daily's last lower high. This is a very bearish signal. VERY bearish. Just be careful and if you have been long please consider taking out at least your initial investment and some profit if not all.

    Best of luck to all. Shame on Goldman Sachs for upgrading this here.

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103.30+0.20(+0.19%)May 27 4:00 PMEDT