NFLX - September 25, 2010

On March 23, 2009, yes, an eternity away, I did a follow up post on NFLX

This is the chart I posted then


This is NFLX now


Not bad!

It has had a few trend acceleration and looks every bit like the right half of a parabola.

This is another view of NFLX


I personally would like an envelope to be based as long an EMA as possible. Here, I had to reduce the EMA to 21 days to get a decent fit. That, to me, says how impatient people are buying this thing on basically every pullback.

Let’s have some fun with regression channels


The recent one is faster and stock is near the top of it

Let’s have some fun with VWAPs


If I wanted to liquidate or hedge the hell out of this, I would pay attention to 150, 145, 1nd 130 areas.

So, is it done going up? Who knows? I personally would like it to stay above the most recent trend line that I have drawn, and if it can’t, it may be time to say good bye to, or take a substantial hedge on NFLX

You know, funny thing is I am not even a NFLX subscriber. I think we don’t even have that in Canada, but I am not sure. Anyhow, I prefer to see movies in theaters and, if I can’t, public library has lots of movies for free and it’s all paid through my property taxes, which I must pay regardless.