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Technology Stocks : NFLX Moderated Thread
NFLX 1,100-1.7%9:30 AM EST
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From: J.B.C.1/19/2016 1:00:21 PM
2 Recommendations

Recommended By
FJB
Zen Dollar Round

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I didn't realize that earnings is today.

Netflix technical commentary ahead of earnings (TheFlyOnTheWall)
BY Fly On The Wall
— 11:56 AM ET 01/19/2016

The key level for the shares ahead of earnings news is at $100. If there is a negative surprise, a breakdown below $100 based on the current price of $106.41 would be probable. Such a break would confirm a major top in the shares, which would be bearish for future price. Next support levels below $100 to watch as potential downside objectives would be at $97.34, $94.42, and $89.79. If the news is a bullish surprise, resistance levels to watch as potential upside objectives would be at $113.36, $119.35, and $126.50.
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