Signal: Surging Netflix Stock Could Hit Four Digits, And Soon
Netflix (NFLX) was a big winner on Wall Street this week. The streaming stock gapped 9.7% higher on Jan. 22, in the wake of an outstanding earnings report that saw the company post a top-line beat for the fourth quarter and topple 300 million subscribers. The shares hit a record high of 953.99. The good news for investors betting on NFLX hitting four digits – the stock is flashing a historically bullish signal on the charts.Netflix’s recent high coincides w ...