Technical Summary: The ‘N’ in Fang. The 1 year chart of NFLX is a continuation of the 5 year chart and represents a long term up trend. The stock has recently emerged from a 3 month consolidation pattern and is buyable at this juncture as a trend continuation play. The stock has held its 50-day moving average on each break back to this line. More conservative investors may look to this line as a more sensible area to accumulate a position. The stock has not reacted as dramatically to recent earnings as it has in the past. Despite this the stock has been relatively volatile in its uptrend. We believe that this is due to the almost constant news flow that surrounds the company.