HELLO EVERYONE, TODAY I AM GOING TO SHOW YOU THAT NETFLIX MAY GO UP DUE TO SOME REASONS. 1. FALLING WEDGE PATTERN 2. DIVERSION IN SCRIPT 3. IMPROVE IN ECONOMY
NETFLIX BELOW 375 DOWNTREND TGT >>>>> 370 TGT >>>>> 362 STOP>>>> 380.6 ABOVE 382.5 DOWNTREND TGT >>>>> 394 TGT >>>>> 401 STOP>>>> 376
Sell Netflix at 358 Stoploss 374 Target 330 286
i see the stock may extreme pressure in coming days !! even 20$ cant be ruled out
looks set 4 a 4/7 % rally from 450 physchological marks
As of writing this, NFLX is down 14% at 343 dollars a share on disappointing revenue and subscriber growth, and weak subscriber growth estimates into Q3. This decline in price puts our 400 dollar put position 57 dollars in the money which will more than offset the loss on the call position. Further more the options bought expired 7/20 since we planned on selling...