Netflix Consolidating

Netflix Consolidating

In a tight range since late January. Netflix has been treading water since the end of January. The stock has been trading in a tight range between a massive breakdown gap left behind back on July 17(earnings) and the 200 day moving average. During this phase the...
Breakout Brewing For Netflix?

Breakout Brewing For Netflix?

Shares of Netflix are setting up well for a breakout.  The stock is tracing out a nice gain today(+3%) despite the overall market weakness.  NFLX has been consolidating in a narrow range since the 200 day moving average held the February lows.  Early last week the 50...
Netflix Holding Up Well

Netflix Holding Up Well

Despite the post Fed melt down(the Dow Jones Industrials fell 900 points from its intra-day highs), shares of Netflix held up extremely well.  $NFLX didn’t even make a new low for the week let along a new low for December.  Meaningful?  Maybe.  Certainly a...
Been To A Movie Lately?

Been To A Movie Lately?

Probably not… Netflix blew out earnings expectations before today’s opening bell.  The stock finished at new all-time highs with the help of a 9% gain.  Volume was extremely heavy.  NFLX’s last earnings was also a blow out(Jan. 23).  The stock surged...