NFLX at Yr1 resistance
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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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