Netflix, Inc.
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$NFLX Short Term Target: $230

Onward, to the trend line!

Stock is reacting to an inverse fibonacci level which has traded sideways the last several weeks, and is now pumping to a major trend line.

$230 is where I'd expect to see some selling. The lower fibonacci level from there is a certainly a possibility so holding beyond $230 for me seems risky, knowing this trend line could easily reject the price.

*Not trading advice.
Chart PatternsTechnical IndicatorsnetflixNFLXTrend Analysis

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