TRADING TIPS

NFLX Next Price Target

Hubert Senters here. Let’s take a look at Netflix, NFLX. As you can see right here on the screen having a good day. It’s a $10.18 or $3.38% on the day. Really nice looking chart. Looks like it’s going to go higher. Let’s see if we can use some Fibonacci extensions or projections, whichever term you want to use. Lots of people to use different ones. So what we’re going to do is we’re going to go from here one to there to here three. All right. So next place this bad boy wants to go is $322 then $345, $369 and $384. And I don’t do anything special. All I do is I grab the tool and all you have to do is go from a low to a high to a higher, low and then it will project for you in the future where another Fibonacci zone of resistance will happen. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.  

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