NFLX should trade enough volume for a pocket pivot in today's trade. Earnings and sales have reaccelerated in this turnaorund play. Institutional sponsorship has also turned around over the last quarter. Industry group rank 4th. NFLX has had two prior gap ups on strong earnings. Both gap ups did not result in big moves for the stock, but today's pocket pivot comes after relatively tight, constructive action.
PPR - NFLX 5/9/13
|Published:||9 May 2013 18:19 ET|
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