NFLX breakout watch

Discussion in 'Stocks' started by Stocks4life, Mar 13, 2013.

  1. nice 2 month flag pattern here looks like a new leg higher

    BREAKOUT WATCH for possible breakout above 194.01, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 224.6, 16.2% Stop: 181.26, Loss: 6.2%, Profit/Loss ratio: 2.6 : 1 - Good

    CURRENT PRICE 193.27, at resistance, 187.8 ± 6.2, type triple, strength 10

    RESISTANCE ABOVE None.

    SUPPORT BELOW -13.1% at 167.9 ± 5.54, type single, strength 8
    -47.6% at 101.4 ± 3.34, type single, strength 1

    Stock Chart

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=NFLX