Netflix Channel Touch

Netflix, for all its wild movements over its existence, has followed a surprisingly steady ascending channel.

(Click on image to enlarge)

slopechart_NFLX

The SlopeChart above contains the after-hours post-earnings surge (shown below). It’ll be interesting to see during tomorrow’s regular session if NFLX remains “contained” (to borrow a term from Mr. Bernanke years ago) or is so strong it breaks resistance.

(Click on image to enlarge)

nflx

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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