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Re: None

Wednesday, 03/30/2016 11:23:58 AM

Wednesday, March 30, 2016 11:23:58 AM

Post# of 9269
Nice consolidation day so far for $NFLX. Technically on the Daily charts she needs to cool some and pull back within the Upper Bollinger band at $103.55, move away from overbought area on the Wm%R (-24.63) and get the Fast Stochastics back down in the 50-70 range before we take the next leg up.

ACC/DIST is flying so even with consolidation those shares are being gobbled up wholesale and the Weekly Chart is foreshadowing another decent run in the next 2-3 sessions (Fast Stochastics breaking 50 Level and Wm%R climbing steadily).

I suspect we will be challenging $106 and $107 area by COB Friday barring any bad news or filings.

All IMO...

DD22


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