[Premium] NFLX Wave 3 Swing Trade Setup – 1-2-3 to +30%? Where I’d safely buy to get W3.



This is a swing trade setup for Nov 17, 2015 for the stock Netflix (NFLX).  Potential gain = 30%(!) if this level breaks. Here’s where I’d safely buy to avoid a downward nasty C in a zigzag.

Best case scenario:  NFLX got a huge ABC flat with an expanded version in a long C..could be a zigzag due to failed B wave attempt..in either case, if NFLX can break through 1.00 at 115, it would setup a REALLY big Wave 3…in fact 130-132 could be the highest 1.618 target on this breakout.  115 I’d expect to be sliced through pretty quick with this amazing 1-2-3 setup.

Worst case scenario: Failure at 112 or 786 and a drop below 107 setting up a C wave…looks really far fetched for that to happen and the 1-2-3 pattern pretty much looks 90%.  Almost impossible to break 618 support of the powerful move from the lows of the potential S&P bottom today.

Where I’m leaning: I’d go all in tomorrow if I see a full 1.00 breakout at 115, and try to swing trade this thing for all it’s worth…or like they say “milk it for all it’s worth” (wave 3 at 1.618 to 130-132)

About the Author

CEO Ted Aguhob, Master Elliottician and Technical Analyst, Day And Swing Trader, Website Designer And Marketer, Artist, Producer and Musician has provided content to gemxwave.com, wavegenius.com and masterofcharts.com for over 14 years. The biggest breakthrough as a blogger came in 2013 when Wavegenius.com produced a net profit of over $177,000 and became one of the highest earning blogs in the entire country. Many of his biggest and most amazing calls appeared on major financial websites like Thestreet.com, Yahoo Finance and MSN Money, was a radio personality on Washington DC Radio, and has a following in the tens of thousands for many years. Ted is known for his charisma, vision, creativity and better yet.."genius."