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Reallifetrading
Apr 16, 2015 7:46 PM

NFLX thoughts and sentiment after earnings Long

Netflix, Inc.NASDAQ

Description

On NFLX - Newsome thinks this gap is very similar to Google 10/2013.
The one small difference is the large run up and gaps before NFLX gapped up. Therefore, in a month or so, when the daily EMA's catch up, buy the bounce. NFLX is headed into the $600's. There's nothing stopping it.

NFLX is a gap and go - broke out of resistance / distribution phase.

Analysis on 4/16/15
Comments
taz2011
Great analysis Mr. Newsome!
Reallifetrading
THANKS!
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