Netflix (NFLX) is trading around $109 ahead of earnings tonight and the stock has been sideways for a few months now. Investors will likely focus on subscriber growth as well as EPS and sales. If Netflix (NFLX) can beat earnings and raise guidance, the stock will likely see the $120's. The company plans to raise prices which will help margins in the future.
NFLX stock will have resistance up at $115.83 and support down at $102.60.
We will be watching NFLX in the stock picks group.
If you are looking for more hot stocks, check out my 2015 Stock Gainers and 2015 Penny Stock Gainers.
