third try in 2 months to break out of this consolidation, need to watch if this one works after today's news dies down.
BREAKOUT WATCH for possible breakout above 194.56, no resistance in area just above.
Type: True breakout from double resistance.
Target: 225, 17.1% Stop: 180.85, Loss: 5.9%, Profit/Loss ratio: 2.9 : 1 - Good
CURRENT PRICE 192.09, at resistance, 188.3 ± 6.21, type double, strength 8
RESISTANCE ABOVE None.
Stock chart
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=NFLX
BREAKOUT WATCH for possible breakout above 194.56, no resistance in area just above.
Type: True breakout from double resistance.
Target: 225, 17.1% Stop: 180.85, Loss: 5.9%, Profit/Loss ratio: 2.9 : 1 - Good
CURRENT PRICE 192.09, at resistance, 188.3 ± 6.21, type double, strength 8
RESISTANCE ABOVE None.
Stock chart
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=NFLX