The 50-day Simple Moving Average for NetFlix moved above the 200-day Simple Moving Average today in a very convincing manner confirming the stock's gains over the past couple of days. No other heavily traded Nasdaq stock has a similarly bullish signal right now.
About the author:
Chip Anderson is the founder and president of StockCharts.com.
He founded the company after working as a Windows developer and corporate consultant at Microsoft from 1987 to 1997.
Since 1999, Chip has guided the growth and development of StockCharts.com into a trusted financial enterprise and highly-valued resource in the industry.
In this blog, Chip shares his tips and tricks on how to maximize the tools and resources available at StockCharts.com, and provides updates about new features or additions to the site.
Learn More
