TRADING TIPS

Will NFLX Hold Here?

Hubert Senters here. Let’s take a look at Netflix. Had a user asked me a question on what I thought about Netflix? Netflix still looks pretty good. It did sell off today which is Friday when I’m recording this video. But overall it still looks good. If you are long boss the market which market still looks good. I mean you’ve got a very good outlook here on Netflix. I mean it should hold the $398 area that will be the standard line. If that doesn’t happen you’ve got the top of the cloud and the bottom of the cloud to catch it. And as you can see if I were to draw a trend line there I did it sloppily. Let me grab my trend line so I can draw a little bit better there to here and right there, that’s the trend line. So if you do get a turning line break what you’ve already got and then a standard line break, your next logical place would be this trend line and then top of the cloud, bottom of the cloud. Overall Netflix looks pretty good. I don’t see anything majorly wrong with it yet. You also have a little bit of support here which would line up well with both the standard line and or this trend line that it’s trying to work its way back to. I’ve been asked to be one of the special guest speakers at the Wealth365 event which is taking place July 16th to July 21st. CLICK REGISTER FOR FREE to register for all of the speakers and the talks and all that good stuff that got a big packed lineup. This guy here Kevin is in one of our masterminds. He’s going to be one of the keynote speakers. Kevin always gives a good talk. And then like I said there’s going to be 80 speakers over six days, 10 plus topics and they’re giving away $200,000 in prizes and services and stuff like that indicator. All kinds of different. Everybody basically gave stuff to them to give away and everybody gave a little bit different stuff. So go there sign up and you’ll figure out what you could potentially win in the drawling or the trivial questions that they’re going to do. I will be speaking on Monday I believe at 7PM EST. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.        

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