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MarthaStokesCMT-TechniTrader

Entry Points in NFLX Ahead of Earnings

Long
Netflix, Inc. (NASDAQ:NFLX)  
MarthaStokesCMT-TechniTrader  
NASDAQ:NFLX   Netflix, Inc.
Candlestick Analysis Support and Resistance Technical Indicators NFLX earningstrategy accumulation institutionalbuyers support bottoming earningsgap darkpools breakaway-gap
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candlestick supportandresistance indicator nflx earningstrategy accumulation institutionalbuyers support bottoming earningsgap darkpools breakaway-gap
Platforms ahead of earnings is an important pattern to watch for. Platform-building markets develop on the dominance of institutional investors buying quietly with controlled orders via the Dark Pools.

NFLX has a classic "quiet accumulation" pattern, also known as a Dark Pool buy zone. These platforms provide strong support for the bottom formation, especially since this was a breakaway gap.

snapshot
Martha Stokes, CMT
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