Sunday, April 3, 2011

NFLX update 04-04

We last commented on NFLX on 03-08 and said it should bottom mid March, which it did. 
http://swingcycles.blogspot.com/2011/03/nflx-update-03-09.html

NFLX is now at or near a top it appears.  Here is how it looks:

GL traders.  To limit capital at risk you might consider May puts if you decide to act.  Do your own analysis.

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