Netflix is set to report earnings after Wednesday's bell. And one technician says that if the shares rise on the results, they will likely look quite attractive.
The stock, which closed at $479 on Tuesday, "has been in this range between $330 and $480," said Ari Wald, head of technical analysis at Oppenheimer. "Look for the close about $480. That's going to be your confirmation" that the stock is going well higher.