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Friday, 06/13/2014 1:07:39 PM

Friday, June 13, 2014 1:07:39 PM

Post# of 364383
If NFLX does not reach 426 by EOD, watch for a pullback to the 400-412 area next week. Reasoning is, the 9 day leading indicator on the ichimoku was the support for NFLX, now it is resistance. The 26 day trailing indicator sits at 375, meaning that NFLX has a 33% possibility of a 50% retrace between the 9 day leading and 26 day trailing, and a 47% probability of a 35% retrace between the two. Only the prior weeks pivot point showing 415, and the 20Dma at 407 has support for NFLX.

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