After yesterdays super jam into the stratosphere it looks like volume coming in on the downside.
I'm taking a stab for a trade.
Looks like a blow off.
NFLX finally blowing off ?
Started by
ogm
, Sep 11 2013 11:07 AM
2 replies to this topic
#1
Posted 11 September 2013 - 11:07 AM
#2
Posted 11 September 2013 - 11:48 AM
I guarantee that one day this one is going to see a massive drop.
It has been on the IBD Top 50 list for many months now, always rated among the top 5.
[attachment=21515:flt0911.png]
Edited by PrintFaster, 11 September 2013 - 11:49 AM.
#3
Posted 11 September 2013 - 01:07 PM
I guarantee that one day this one is going to see a massive drop.
This whole market is due for a massive drop.
There are so many weekly/monthly parabolic charts and unbelievably bloated stocks.
Its coming. They are resisting, kicking, finding excuses, but it can't be avoided at this point.
Take a look at the weekly charts of IBB, XLY, XLV, XRT, etc ... they are all getting ready to roll over massively.