Netflix Channel Touch

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Netflix, for all its wild movements over its existence, has followed a surprisingly steady ascending channel.

slopechart_NFLX

The SlopeChart above contains the after-hours post-earnings surge (shown below). It’ll be interesting to see during tomorrow’s regular session if NFLX remains “contained” (to borrow a term from Mr. Bernanke years ago) or is so strong it breaks resistance.

nflx