Browse Stacks: Patterns: Gaps: NFLX_Jan212015.jpg


Just how bullish of a move is the NFLX earnings gap-up? 

1. NFLX opened ABOVE downtrendline off the all-time high 

2. In-between the 50-61.8% fib retracement of the entire down move off the all-time high 

The bears will say: 

1. Still has not filled gap down from October 2014 earnings gap 

2. This is the ideal fib resistance zone for reversal lower


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