NFLX  – Netflix – Weekly Chart.

Here’s the big move for Netflix after surprising analysts with a surge in subscribers for this earnings period. We no longer hold NFLX, selling it 6 weeks ago to move into Biotech stocks (CELG).

As we mentioned weeks ago, that 21-week moving average is keeping the trend in effect. Sky’s the limit as long as that line holds.

Here’s the weekly chart:

NFLX - Netflix - Weekly Chart