knoxshares

NETFLIX (NFLX) Possible break out for the bulls

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knoxshares 已更新   
NASDAQ:NFLX   Netflix, Inc.
Sector: Services
Industry: CATV Systems


BASIC INFO:

Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. It operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD.

Revenue over the past 4 years seems to be increasing Earning Per Share have been increasing sitting at 0.55. So far the return on equity seem to have increased over the last 2 year. Analysts seem to still be on the bullish side for this stock and don’t forget they just acquired Millarworld. Earning surprise for this quarter is down but the last 3 were ok and the projected Earning are increasing over the next 4 years, the long term 5 year forecast earning growth is sitting a 25% which looks good to me. Netflix also seem to have earning well over over the industry average at 150.61 compared to 19.20.

MoreInfo http://www.nasdaq.com/symbol/nflx

SETUP

So after that it look like a promising stock to get into for the long haul, Looking at the chart suggests that we have an opportunity to buy this stock. The price has just broken the selloff trend and retraced back to the 50 day average, we also have a full day candle over the breakout in green (Hopefull it’ll stay that way) also MACD 7 and 25 look like a posable cross, So possible Long position now with stops around 178 if were wrong and a target of 191. However this target should be adjusted if stock continues up adding to positions on the pullbacks to the 50 day average.
订单已取消:
Target entry price never reached trade was not activated
评论:
How ever this is still a good position to be in, not for today though but for the long term, looks good to me

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