Netflix potential exhaustion gap

Netflix displays a potential exhaustion gap. The elongated upper shadow of the candle increases the probability that today we have indeed seen an exhaustion gap. If that should be the case I expect at least a 20% correction from here, with the possibility of a 50% correction before it would make sense to close the position.

Netflix Potential Exhaustion Gap

I suggest shorting Netflix. Stop: close above 700

Whoever chooses to go with the trade good luck.

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