Wednesday, December 1, 2010


One of the strongest stocks this year is movie rental juggernaut NFLX. On Wednesday, the stock completed a Dark Cloud Cover Japanese Candlestick pattern. While the stock is overbought and stretched from its 10 day moving average, the uptrend is very strong, and any short past a trade needs to be monitored extra carefully. It may set up as a nice long side entry after a rest.


tinymjs at gmail dot com

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