, Inc. (NASDAQ:NFLX) is set to report earnings
on Wednesday, January 18th, after the stock market closes. So which way will it move? Will it see new all-time highs or collapse sharply lower? The answer may be as simple as following the former all-time high. Let me explain. The former all-time high was $133.50. If Wednesday into the close (right before earnings
are announced) the stock is trading above that level, Netflix
, Inc. is likely to beat and surge. If it is trading below $133.50, they are likely to miss and collapse. What is the logic of this? I boils down to smart money which is big money. Big money will likely know the price direction. If Netflix
, Inc. is going to sink on earnings
, they will be selling, thus the price of Netflix
shares will likely stay below $133.50. If they are going to beat, smart/big money will be buying and it will move above $133.50. This is insanely high risk, so I do not advise playing it but wanted to point out my insight to aggressive traders.
Stock market investors and traders analyze Netflix