$NFLX. Netflix is a wait and see story, Earnings Risk.

I would presume neither Bulls or Bears are feeling
overly confident going into tomorrows earnings report.
Earnings are expected to be good, but it is the picture
which they paint for the future.
Will there be fee increases ?
How much will spending increase to compete in film?
Had Disney done any damage?
Support below the current price ranges from =
The POC (point of control) @ $488
The Fibonacci Golden pocket @ $495-$492
Daily candle support @ $485.
Stochastic is bottoming and in reversal
The RSI has been rejected at mid point which is a concern.
I believe holding the stock into earnings carries to much risk,
there will be ample opportunity to trade it post earnings, long or short.

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