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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