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Consolidation Warning For Netflix

At the close on 3/14/14 a consolidation warning was issued for Netflix (NFLX) from the StockTwits stream. Smoothed quantified messages have been painting a negative divergence with price for several months and now it has broken below zero and a confirming up trend line. The signal comes when the stock is already 5% off its recent high so it may be late. Please note, this is not a sell signal. It is merely warning that the stock may need to consolidate before moving higher.

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