Wednesday, May 28, 2014

NFLX Charts

Yesterday as you probably recall there was a NFLX set up post in which we were looking for NFLX to move back above $400 and then the divergence showing it was a probability, this is where I was most interested in a NFLX short, but only after intraday charts started to deteriorate and that's what has been happening through the day, longer term charts are already in place.
 1 min

3 min deterioration

5 min deterioration

As I said, the longer term charts are already in place like this 10 min or...

This 15 min

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