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MarthaStokesCMT-TechniTrader

Uninspiring Technical Patterns Ahead of NFLX Earnings

Netflix, Inc. (BATS:NFLX)  
MarthaStokesCMT-TechniTrader  
BATS:NFLX   Netflix, Inc.
Candlestick Analysis Technical Indicators Earnings NFLX sidewaystrend candlestickpattern volumeanalysis supportandresistancezones highfrequencytraders gapzone earningsreport
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candlestick indicator earnings nflx sidewaystrend candlestickpattern volumeanalysis supportandresistancezones highfrequencytraders gapzone earningsreport
Like many others, NFLX has shifted to a wide sideways trend ahead of its earnings report today after the close. There is no pre-earnings run here. Current volume and price trend are not patterns that inspire a good earnings surprise.

HFTs are always watching news ahead of open on high-profile stocks to get ahead of retail market orders. A gap is likely at tomorrow's open.
Martha Stokes, CMT
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