$NFLX investors starting to nibble on Netflix pre earnings,risky

Entry level $290 = Target price $316 = Stop loss $279
Showing signs of sustained reversal.
Awaiting a buy signal on a move above 50MA
Sentiment is so bearish and expectations are very low, any surprise could ignite a rally.
Disney has started to selloff, is money heading into NFLX possible?
Certainly a gamble trading into earnings, volatility high.