We gave a positive spin on the charts of Netflix (NFLX) in our review on September 13, writing that "NFLX has been correcting this month on declining volume, and I consider that bullish. The weekly candle pattern is potentially negative, but the major trend is up and we do not have a classic top pattern. Net-net I want to give the benefit of doubt to the bulls -- stay long NFLX, but raise stops to $550."
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