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Netflix, Inc. (NFLX) Message Board

  • jtschett_rmt jtschett_rmt Mar 7, 2013 8:58 AM Flag

    Position addition yesterday...WISE MOVE

    To all shorts that added to their positions yesterday, Nice Job! Wait for the big move. This baby has an $8.00 14day avg ATR. That means we stretch at least down to $175 before any significant snap back. However, $175 is also a support area, so you can look at it in a second way and that is if it breaches that level, selling should intensify.

 
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