Netflix, Inc.
Long

NETFLIX Trendline

806
When in doubt, zoom out. We can see this lower multi-year trendline acting as support. The daily is at a critical level to see if it continues to respect and stay above, if not easily can see $70 coming. Also a little bullish divergence on the MACD & recent lows.....I'm expecting a chop fest until the Feb. 3 hearings. All-in-all its down on no real news, a narrow but still a recent earnings beat so holding the course and DCA-ing whenever it makes sense

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