NFLX, Netflix update

The usual then – Jan. 25, 2013 – and now;

nflx jan 25 2013nflx march 2013

is behaving as expected. Today’s action smells like a thrust from a triangle wave 4. A little over 200 is the target but all the gaps on the way down (there are two) are now closed so it is important not to outstay your welcome. On balance a sell.