NFLX has now essentially closed that gap from the earlier “good” earnings news. In honor of Mike, I thought I would drop a mandatory “NFLX presents yet another example of how dangerous it can be to chase stocks that gap up in the morning.” But I must also extend an olive branch to the NFLX bulls by saying that if this gap holds as support, the stock could start looking good for you bottom-fishers and aggressive flippers out there. Since the early September lows, NFLX seems to be putting in higher lows and higher highs… (again, this gap closure needs to hold).