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NFLX let's fill a gap

Posted by StockBuz on June 8, 2013 at 5:49pm
With two forms of negative divergence, I believe NFLX is losing steam as it was stopped dead at the (line in the sand) 78.6% fib level. I will be shorting this stock next week on any move up and will cover above that fib. It reacts very well to fibonacci levels and has filled the prior gaps. Now I believe it will fill the lower one; at least one of them if not two over time.

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Tags: short, ideas, nflx
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