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NFLX at Yr1 resistance


Netflex stock (NFLX) y'day, hit my 1st. profit target at the Yearly R1 pivot point. The pullback last spring to the Yearly pivots(YP) was strong support and a good buying opportunity. Yr1 is a great spot to sell..... take some profits off. Sometime this quarter, NFLX should pullback to the Qrtly pivot(QP) or the yearly 50%retracement at $578-$563.

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