I see retracement... classic Fibs setting up. $314/share is the confirmation and tomorrow's action will be key. The fact it closed EXACTLY on $314 is no coincidence. These trading bots live off this #$%$, they just go to work as soon as key supports are breached going down or a breakout is triggered on the upside.
All hyped up, eh? Been around to see this one slaughter both long and shorts who try chasing the trend. Here's how this will unfold; NFLX will stabilize, shorts will rally short term. Calls and Puts will expire and whatever gains were not realized will go POOF! There's no free lunch with NFLX. Been here too long watching retail investors trying to chase the trend only to have it reverse.
Apart from the Icahn news, nothing else pushing it down. One line from a pumping analyst or newsfeed of some cable company deal and kaboom! Chase a trend, die in the end. The Fundamentals have to unfold.
Hmmm, where are the longs, the naysayers, those who doubt the GOD of Predictions... Can you hear that BAM! BAM! BAM! That's me, hitting the nail on the head. Sell and run, nothing left here but lawsuits.