NETFLIX Head & Shoulders Formation

NFLX had an incredible bullish run that seems like its coming to an end.
Prepare for a bear run until Q1 2019 earnings call.

You can see the formation of the right shoulder.

If the pattern holds and my guesses are correct, these are the stops to use.

Stop #1: $308
Stop #2: $286
Stop #3: $201
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian