Loading ...Likely This Week Or Next
This review is to stress how important gaps are to individual stocks. Unless a company is complete crap and loses money or it gets taken over, it will almost always fill it’s gaps. I have been posting over the last two years or so about the gaps in NFLX, META, TSLA and AMZN and now they have all been filled with NFLX about to do so. My observation about NFLX back when it was under $200 and would first fill the gap at $325 and later on the one just above $500. At the time it seemed outrageous and I thought it would have happened sooner, but it is just about there. This despite a few rallies that got within $20 or so but then had subsequent corrections. It isn’t so much about Netflix although at the time of the post I could see that they were making strategy changes to their business model that seemed crazy at the time but provided for increased revenues in the longer run. Anyone long NFLX should sell when the gap fills. Successful company, makes money but like most of these high flyers, ahead of themselves and overdone to the upside.(THis is not investment advice, just my opinion.) 
Short term it looks like we are getting a bit long in the tooth, but medium to long term, we have just broken out of a magnificent consolidation pattern that should take us much higher over the next 5-10 years.
Are you referring specifically to NFLX (as was I) or the stock market? My call is specifically for NFLX and there is a gap to be filled down just above 350. Suggesting a 5-10 year projection is quite bold and something I would only do for something like gold. Stocks and especially a single stock has too many possible fundamental changes to make 5-10 year projections.
I was referring to the overall market, but since NFLX is a significant part of the NDX, it will most likely go along for the ride (unless something about the company fundamentally changes).