Cincinnatuus

Wild Ride on Netflix

Short
Cincinnatuus Zaktualizowano   
NASDAQ:NFLX   Netflix, Inc.
With all the over lapping waves, Netflix is exhibiting corrective, not impulsive behavior. Regardless, there has been a clearly defined five waves up, so we need to expect three waves down that will take us down to the price range of the fourth wave of lesser degree. That is a long ways down from here.

Netflix looks like it would be something that could be played with options that would be much less expensive than trying to trade amazon. The other attraction is that it is not openly net cash flow positive, with metrics based on increasing sales.
Komentarz:
Surprised, this little 'hit job' got so much interest. And I didn't even whip out commentary on a potential island reversal or head and shoulders pattern pointing to a low target price of $40... Seriously, sand bagging it these days. ;]
Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.