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  • NFLX Confirmed Breakout, Next Leg Higher 0 comments
    Oct 1, 2013 10:23 PM | about stocks: NFLX

    $NFLX (Netflix Inc - NASDAQ), confirmed breakout on good volume, looks like yet another leg higher.

    VOLUME 4.24mil shares, +26.4% compared to typical daily volume over the past 6 months.
    Typical daily volume is 3.35mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 317.36, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 352.3, 8.5% Stop: 310.75, Loss: 4.3%, Profit/Loss ratio: 2 : 1 - Fair

    (click to enlarge)NFLX breakout stock chart provided by StockConsultant.com

    source: NFLX at StockConsultant

    Stocks: NFLX
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