Dabney

NFLX

Dabney Updated   
NASDAQ:NFLX   Netflix, Inc.
I often go to the same well many times, and here I am back with NFLX. It has traded in this range above and below for more than a year, and currently trading in the middle of the range. The volume doesn't quite tell me its ready to make a move to the upside just yet. We may see it test that $500-504 area one last time. If the NAS can get going and it break $521 before that, I would look for a long entry.
Trade closed: target reached:
tested $504 and has made a serious move.

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