NFLX’s coy flirtations with the 488.55 target shown (see inset) have made for a tempting — and profitable — short sale, but it looks like bears are getting nervous and may be ready to blow the lid off. If so, the stock could be headed to 549.00 (!) — the target of these coordinates on the daily chart: A=339.38 (5/15/14); B=475.87 (7/2/14). Since the stock has already pierced the 480.76 midpoint resistance, it is technically a camouflage ‘buy’.
