The felonious greed that animates the markets was laid bare Tuesday when DaBoyz ran NFLX up $65 on news after the close the subscriber growth hit a record in the last quarter. The leap in Netflix shares amounted to 18%, suggesting that the supposed collective omniscience of investors was somewhat deficient in the days and weeks leading up to the news. Traders should use the 410.44 midpoint pivot shown as a minimum upside target and a place to try shorting with a tight stop-loss. But if the pivot is exceeded, take it as a sign that the stock has eyes for the midpoint’s associative ‘D’ target at 505.33
