NFLX

post on NFLX: https://bartscharts.com/2021/10/19/chart-of-the-year/

the target zone ID’d in the post above missed the target by 5% but has been selling off the past few weeks …

a VERY clear 5 wave count is present so I’ve done my best as providing some “guidelines” to formulate a gameplan.

the “thesis” is that we have completed 5 waves up on NFLX and are correcting based on that move …

a lot of times, not always, 5=1 and that comes in around 580 .. .we would like to see that hold and bounce up in 3 waves to prepare for a short … so, hold your powder dry and I expect, in a few weeks, it might be time to put your toe in …

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART