NFLX 138.60 – a closer look at the gap up that we anticipated and loaded up on shares before earnings came out. For me, this is the best stock in the market right now. Their earnings have been improving and accelerating quarter after quarter and they have morphed by creating award winning unique content. Also, now that NFLX is trading at all time highs, there is no overhead supply waiting to come on the market making this stock even more attractive.
Gap up / open window is now support 133.65 Target measures to the 184 area but I like the idea of NFLX ultra long term as a buy and hold. Seems to have the story of a hero stock. We shall see.
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