Netflix, Inc. (NFLX) has been on a tear as it continues to make higher highs and moving in tandem with the major market indices. Since gaping up at 140, NFLX has not looked back. As shorts continue to get murdered since 100, trying to short NFLX could be a lost cause due to it's upward momentum. Once it breaks the leg up that it's currently experiencing, one might initiate a short position with a target price of 140.
