I have done another 4-5 charts on NFLX w/ varying counts and corrections – the problem (and this is what sucks about Elliott) is they all “might” be right … but, they are CORRECTIONS in an ongoing BULL market so I’m going to just leave this stair step chart up and then leave the rest … Continue reading “NFLX”
12/7/2017 – binging on Narco’s right now. Awesome series .. binged on Stranger Things w/ family. All that being said, no change since October … just thinking it’s too risky to establish a LONG here … =———-
10/1/2017 – going to start this post w/ the image that I used before to describe my love affair w/ NFLX. The patterns have been strong and it’s blow thru many levels sighted below. I BELIEVE in PATTERN RECOGNITION as an AMAZING TOOL to manage risk and put probability in your favor. NFLX has been … Continue reading “$NFLX another short swing at the bat? Perhaps? UPDATED 10/1/2017”
04/22/2017 – trade what you see, not what you believe. NFLX has been “topping” since January 2017. shown below are the key gap areas and the looming trend line …but folks, it hasn’t moved lower. unless we get a weekly close below 133 – step aside. the ‘math’ stopped it but it sure seems strong … Continue reading “$NFLX another short swing at the bat? Perhaps? UPDATED 4/22/2017”
2/14/2017 basically hit the target zone we were identifying. now it gets interesting as you can see, on the daily, we have many gaps staring from this past summer. if we can break thru the 133-137 level then the gap 100-112 seems like a reasonable target for now. our assumption is we have completed 5 … Continue reading “$NFLX another short swing at the bat? Perhaps? UPDATED 2/14/2017”
1/12/2017 – well if at first you don’t succeed, try again. doesn’t matter this its NFLX, in the world I live in, it’s just a ‘chart’ so here we are at it again … well, the GAP from the former congestion area into new highs was powerful BUT note that we have been selling off … Continue reading “$NFLX another short swing at the bat? Perhaps?”
if you look thru or have been reading my blog you’ll realize that the patterns do fail .. invariably when this occurs I’ll go back to the drawing board and come up w/ another PATTERN. check out WYNN … you never know what’s going to happen and the PATTERNS do fail. manage the risk … … Continue reading “$NFLX kicked my ass”
CLIFF NOTES: went a little higher than the original target at/around 400. However, we did make it known a 5th wave advance was maturing and finishing. Believe it might be cooked … NETFLIX 1,2,3,4,5 and that’s all she wrote …
Well … sheesh. let’s see … MCD – KABOOM did that pattern fail or what? GOOGL – OUCH, did that pattern fail or what? PCLN – smack down baby, did that pattern fail or what? NFLX – trend line held baby and KABOOM 2, did that pattern fail or what? XHB – hanging in there … Continue reading “sometimes you eat the bar and sometimes the bar eats you …”
