Netflix flashes significant sell signal

The two year trend line has been broken for Wall St. darling Netflix and it happened "with gusto". Minimum pullback target over the next year is 223 (50% fib).  Watch out for the backtest of that support-turned-resistance from below.  If it does that but cannot break out, a gapacious, gapalicious 3rd wave down awaits for these Ponzi pumped shares.

87 PE indeed!