NFLX stunk up the quarter missing earnings by 11% or so on better than expected revenues and traded down to $450 initially after hours and has settled around $482 (the golden pocket) as of this idea down $45 from its close of $527. Everyone new the setup was bad going into the number with the run the stock has had since the last quarter of 60%. GS set a target of $640. Expectations were lofty. Surprised expenses couldn't be predicted better given the halt in production. I suspect that this will be a consolidation period for the stock and it may need to come test the breakout area one more time before making a meaningful trip up again. The stock was oversold coming into the report and didn't need any excuses to sell off. Still love this name and looking to add on this weakness.