MarthaStokesCMT-TechniTrader

Uninspiring Technical Patterns Ahead of NFLX Earnings

BATS:NFLX   Netflix, Inc.
Like many others, NFLX has shifted to a wide sideways trend ahead of its earnings report today after the close. There is no pre-earnings run here. Current volume and price trend are not patterns that inspire a good earnings surprise.

HFTs are always watching news ahead of open on high-profile stocks to get ahead of retail market orders. A gap is likely at tomorrow's open.

Martha Stokes, CMT
ttrader.im/tv-candlesticks

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