NFLX Paths Heading Into Earnings

NFLX has had a bearish break, but it is still above key horizontal support and has a descending pattern here that could lead to a breakout. All eyes on NFLX after the bell, it will likely move NQ unless it ends up flat itself. Should be interesting.

If it does break below the $634 area I think it could see a lot more downside instead, could go either way.
Chart PatternsTrend Analysis

Short Thesis:
advancedplays.com/short-thesis.pdf

Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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