Netflix Inc (NFLX)

[sokol]

NFLX completes a double top 2 days ago.

''Netflix shares appear to be reflecting this changing growth, cost and risk profile. The shares recently failed to break through $190.00, completing a double top short of the $200.00 round number. The shares have dropped back to test their 50-day average near $178.00. The relative strength index (RSI) is testing 50, where a break would signal a downturn in momentum. The next potential downside support levels appear near $169.55, a 23% retracement? of the current uptrend, then $163.90, the bottom of a previous breakaway gap and a support level established through August.''

Read more: Netflix Stock Completes Double Top | Investopedia http://www.investopedia.com/news/netflix-stock-completes-double-top/#ixzz4u2303LOo