16.01.2015 - The price of Netflix is consolidating in a triangle

The price of Netflix continues to consolidate within the triangle. In case of breaking the support level at 316.30 and consolidation below this mark, the price will continue to fall with the target at 300.00. Signal about changing the negative trend on positive will be fixation the price above the level of 350.00. We recommend to wait for a confirmation of the signal to open new positions but the medium-term view remains negative.

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