NETFLIX-SHORT

PRIMARY WAVE 5 – LEADING DIAGONAL

Netflix has begun Primary Wave 5.

Primary Waves 1-4 formed a bearish leading diagonal.

Near-term target: $275

Trade: 8 FEB 19 305 $5.30 PUT

Sell 2/3 Position @ $10.60

Follow here: https://www.tradingview.com/chart/NFLX/WrLZSh9E-NFLX-Cycle-Wave-2-SHORT-Netflix-Dumped/

 

 

 

Leading Diagonal (Bear)

 

*Analysis is for educational purposes only.