A Real Money subscriber emailed me recently about Netflix (NFLX) and pointed out some developments on the charts and asked what I thought them. Let's take a look.
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Like or not, this is classic bear market action playing out.
The charts don't look very appetizing for the spice company.
The charts show further declines ahead for the credit card company.
When one of the last holdouts of the S&P 500 turns down the selloff is in full gear.