The interesting part of earnings season finally kicks in this afternoon with Netflix.
The recent price history of this stock has been defined by a multi-year ascending channel. It’s a smooth sailor, and I have no position.
Here are a few fun facts from SlopeCharts about this stock over the years:
Good luck to you if you’re playing this one!
UPDATE: Earnings are out, and the stock is down a little. This chart looks very dramatic, but this is a very small, boring move, all things considered. Options sellers were the winners here.
