NFLX 3-17-03 to 1-22-04

March 19, 2008

This was one of the first CANSLIM stocks to breakout ON the follow through day of March 17, 2003. So the fact this stock had fantastic fundamentals an excellent chart pattern as a recent IPO (they almost never have max green BOP all over them) made it an easy choice to get very long. NFLX from the breakout on 3/17 to the clear climax top on 1/22/04 made a wonderful 320% gain. Not bad for only ten months. I am sure a lot of bottom fishers missed this one.

the buy:

nflx3_17_03__Large_.PNG

the big sell:

nflx10_16_03__Large_.PNG

the top:

nflx1_22_04__Large_.PNG

Last 5 posts in Best of 2003

Posted by Joshua Hayes | Filed Under Best of 2003 

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