NFLX: Earnings Bottom Short

Netflix, Inc.NASDAQ

Description

⋅ Jul 19, 2014 3:03 PM

NFLX looks poised to bottom out with Monday's earnings release. I expected a bit more bearishness this past week, but it looks like it may not break the most recent low. I'll be watching activity late-day to decide whether to cover before earnings.

NFLX