Netflix Expanded in 190 Countries – Is There A Trade In It?

Netflix (NFLX.O) announced it expansion in 190 counties. That gives access to potentially large number of additional clients.

Immediately upon announcement NFLX shoot up – as seen in the very long bullish Candle in Daily chart below (the 3rd Candle from left in Daily chart).

Note that Netflix has earnings later in Jan 2016.

Does your system show any potential trade in Netflix where risk is limited and higher relative to risk? Which direction – Long or Short? And using which instrument – Stock or Option?

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