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Joined Apr 1, 2010
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Netflix Now Downstream on the River of Dreams

The weekly chart of Netflix, below, shows a broken steep multi-year uptrend.

Today is only the first day a “shocking disequilibrium” in the stock, where there is a major re-pricing in terms of institutional selling.

Typically, it is best to wait at least several days before attempting a short-term reversion rally trade, if at all.

Longer-term, the stock has broken steep trend and, as a major leader in this market, is in trouble.



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  1. Jon V

    An thoughts on the VSR ebola play?

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