Whether you think this stock is good or bad, there is a limit to everything! Netflix (NFLX) may have crossed that line! Price-to-Earnings and Price-to-Sales are OVER 9000! It's not a good sign when it has passed Amazon territory!
This baby is overdue for a correction - but you may see a pump before then! 400 is the target number for the short! Once the price corrects, you can expect it to go to 250 or so!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.