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[Chart Review] $NFLX setting up for huge upward W3 to 155-160(!)


This is a chart review/forecast of NFLX (Netflix) on the 15 day 1 minute chart..looks like a huge upward 3 is forming potentially to as high as 155-160 if it travels 1.618 X W1…

Best case scenario:  It holds 125.5 and rallies in a full 1.618 X W1, W3 to as high as 155-160…the first wave was about 25 points so based off the low of the W2 at 120, a 40 point golden ratio move would target that 155-160 region….started the count from 102-126 (W1), Wave 2 was 126 to 120 in the A wave, and to 123 in a C wave with the big breakout today…126 was key breakout level for NFLX and it’s gone…setup is strong.

Worst case scenario: Just a 5th wave fluke move with resistance at the intraday high would drop below 125.5 and retest 120 after completing a 5 wave impulse.

Where I’m leaning:  The setup looks strong simply because the w2 flat has that W2 appearance and lasted long enough to coil this move…this is the 80% trade setup for a pure 1.618 W3 at this point, and hopping aboard here isn’t a bad idea.  I may even buy myself on any zigzag move.

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The secret of many top analysts and traders...(in fact mutual fund managers, hedge fund traders and even a couple seat owners of the NYSE are subscribers!) Ted "Wavegenius" Aguhob since 2001 has profited on 80%-88% of his trades EVERY year since the inception of his blogs and websites..Ted has made and incredible amount of calls during this period including: 1778% gain in 03-04 from swing trades, The 2009 bottom lows of S&P DOW and NASDAQ literally right on the number, the massive 3rd waves when SPX made it's run from just over 1000 to 2400+ that we're seeing now (these calls were written by Ernie Varitimos on articles on the FRONT PAGE of, Yahoo Finance and MSN Money for a week), The exact all time low of Apple and Facebook and the huge move that followed on Youtube videos, and he's had Top 20 Charts of stocks that 90%-100% of the time were the time the calls were considered insane to most and hundreds of his charts have been like that..until they actually a result Ted with a tiny audience made almost $177,000 in 2013 as one of the top earning blogs in the country. His following is beyond fanatical, and has been hidden away for many years with many websites and competitors refusing to partner with him..mostly because he'd walk in there and take away many subscribers and traffic from them...

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