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The interesting part of earnings season finally kicks in this afternoon with Netflix.
 

The recent price history of this stock has been defined by a multi-year ascending channel. It’s a smooth sailor, and I have no position.
 

Here are a few fun facts from SlopeCharts about this stock over the years:
 

Good luck to you if you’re playing this one!

UPDATE: Earnings are out, and the stock is down a little. This chart looks very dramatic, but this is a very small, boring move, all things considered. Options sellers were the winners here.
 

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