May 23 2018 - There Goes Netflix!

The major indexes gapped lower to start the day but finished near the highs by day's end.

We've highlighted the ascending triangle pattern on Netflix (NFLX) lately and today it busted out with authority. The stock soared $13.10 (+$3.95%) on solid volume. An 8-day or 20-day EMA could be potentially considered as a momentum end-of-day trailing stop.

We also highlight Red Robin (RRGB), Nordstrom (JWN) and GLD's seasonal pattern over the 8 to 12 weeks.

Have a wonderful day!

php_network_getaddresses: getaddrinfo failed: Name or service not known