The technical signs of the online giant are pointing its stock moving higher after an extended period of sideways action.
Traders would do well to find another stock to trade right now.
The media giant's technical signals hint at an upside move in its stock.
Checking the charts again after the House of Mouse's latest numbers.
Prices reached the $307 price target from the Point and Figure chart so now what?
Subscriber growth for this quarter will be more of a focus than it ever has been.
Given Apple and Disney's aggressive pricing structure entering the streaming arena, Netflix's ability to increase prices is now threatened.
The trade involves looking for a new buy entry in the online giant at one of two key zones.
A drop in shares doesn't necessarily mean it's time to turn the channel on Viacom, as details of expected merger with CBS will prove 'paramount.'
Disney's third-quarter miss comes in a weak broader market and could send the entertainment giant's shares below support.