Netflix (NFLX) and the Streaming Wars Message Board

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Technology Stocks : Netflix (NFLX) and the Streaming Wars

NFLX 103.45

-0.5%

3:12 PM EST

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To: RockyBalboa who started this subject	6/11/2003 8:11:10 PM
From: Brumar89	Read Replies (2) of 2280

JMO, but something doesn't look right about the chart right now to me. Three peaks around 25, each on progressively lower volume. Also a trendline drawn along the bottom of the February thru April rise would intercept with the third peak - support becoming resistance. Plain old TA would say a pullback is likely. Accordingly, I sold my nflx a couple days ago. But what the heck do I know? Will continue to observe and may buy back in down the line aways. Good luck.

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