From the Trading Desk

NFLX 3-17-03 to 1-22-04

This was one of the first Featured stocks to breakout ON the follow through day of March 17, 2003. So the fact this stock had fantastic fundamentals an excellent chart pattern as a recent IPO (they almost never have max green BOP all over them) made it an easy choice to get very long. NFLX from the breakout on 3/17 to the clear climax top on 1/22/04 made a wonderful 320% gain. Not bad for only ten months. I am sure a lot of bottom fishers missed this one.

the buy:

nflx3_17_03__Large_.PNG

the big sell:

nflx10_16_03__Large_.PNG

the top:

nflx1_22_04__Large_.PNG

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