Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

$NFLX Attempting To Break Out For Quick 12.5% Run Higher

|Includes: Netflix, Inc. (NFLX)

Netflix, Inc. (NASDAQ:NFLX) is attempting to break out to the upside. Should the stock price break the trend line shown in the chart below, a quick move to the upside will likely result in a 12.5% jump in NFLX shares. Should the breakout occur, NFLX has easy upside to the gap fill on the daily chart at $108. The current price on Netflix is 95.31. A breakout would occur if the price closes on the daily chart aboce $96.00. Keep it on your watch list.

Sign up to Verified Investing for access to the only website that is independent and tracks 1000's of Pro Traders trades and compiles their track records for the public to view. Their verification platform is changing the industry and giving investors total transparency. In addition, Users can click *Get Alert* on any live trade from any Pro Trader. Instantly Users access the exact entry, stop and target of the Pro and can follow their trade. The make things even better, Users never pay a dime, Verified Investing is 100% free. The only time a User pays a few Dollars is if the Pro Trader supplies profitable trade information to the User. Then the reward is given to the Pro Trader. Sign up today.

Netflix stock chart nearing major breakout