It Won’t Be Long From Here
My posts starting from last July and more recently, provided a second target for NFLX reaching the gap at 500 should occur relatively quickly. I recently said it would likely take one or two more earnings releases and we got the first yesterday. The chart has been telling us we were headed for that 500 gap and it was only a matter of time. Now it seems it will be sooner, rather than later. I expect we won’t have to wait the three months for that second earnings release but that would be my final time frame if 500 isn’t reached by then. This has always been just a trade(nice one in fact) not an investment, so if you are in, I would take the money off the table if and when 500 is reached.