NFLX update 6/15/2015: did intermediate iii of major 3 of primary V peak?

NFLX has been on a tear and surpassed my target prices. However, it appears as if a spike-high top has been put in place that also hit -just a bit- above the 161.8% extension of intermediate i, from ii: typical 3rd wave extensions. Hence, there’s a good possibility iii is in place. Intermediate iv should then ideally retrace all of iii or all of i, ii, iii; which targets the 100-76.4% extensions at ~$580 o $540. Right around the mid-April break away level. Intermediate v should then ideally target $710-$750 (176.4-200% extensions).

 

NFLX 06152015

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