Reallifetrading

Pre earnings analysis on NFLX

NASDAQ:NFLX   NETFLIX INC
NFLX , VERY STRONG bullish trend . (almost too strong)
IF NFLX gaps up into the green box, that would be a forceful bullish gap and go. IF NFLX gaps 'too high' into the $500 range, she will almost certainly sell off. The trend on the monthly is just "too high" to sustain buying up there.

I THNK NFLX is going to gap down on earnings and trade higher. As long as NFLX doesn't gap down into the red zone, she will be more bullish than bearish . Even with a gap in the red zone, I would just expect some short term selling along with a longer term distribution
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