GUMBY9662C

NFLX I wouldn't bet the farm on this one

NASDAQ:NFLX   NETFLIX INC
I listened to that conference call and I sure got the feeling we are looking at a few quarters of relative weakness ahead. The markets seem to be ignoring the company guidance here. I know it had a good day but look at the chart at the mini inverted head and shoulders pattern. We have not broke out of the price range since earnings . Technically, we saw a trend cross today but we are stuck in a price range. This is not a momentum stock.
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