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Netflix is trading near levels that could make or break the streaming giant

Pelican Press

By Pelican Press,
in World News

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Given that NFLX is always the first large-cap growth stock to report earnings, both its results and the stock’s initial reaction tend to be closely scrutinized — especially today, following the sharp decline so far on Wednesday. We’ve highlighted this chart many times over the past year for clients because NFLX has repeatedly formed bearish patterns that have failed to follow through to the…

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