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Chief Market Strategist Gareth Soloway has been an avid swing and day trader since his days at Binghamton University where he studied Economics. After college, Gareth quickly excelled as a financial advisor, helping clients get their financial houses in order. While helping others gain financial... More
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  • Potential Topping Tail On Netflix, Inc. 0 comments
    Sep 3, 2014 1:22 PM | about stocks: NFLX

    Netflix, Inc. (NASDAQ:NFLX) surged early in the trading day but has given up a majority of its gains. The stock made a new all-time high before reversing. This may set up for a topping tail on the daily chart. A topping tail is a bearish sign that usually signals a top in a stock or market. Should this candle form on Netflix, Inc. on the daily chart (we will know at the close today), it means likely downside in the next few weeks and months. Be on watch, be on alert. Netflix may be putting in a long term top.

    Gareth Soloway

    Stocks: NFLX
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