Netflix 171% move coming but first...some thoughts.
Updated
Netflix pulled a squid games, (look up squid games crypto if you're lost) but honestly Netflix shit the bed. But now the beds being cleaned and you can start accumulating in this area $190 - $217 to sell in the mid $500's.
Reasoning: Gap fill at $198 and lots stop losses hit me thinks <$200 and then run up to the top of the Ichimoku cloud on the daily which coincides with ~540.
I'm setting a tight stop just in case of future Ackman scares.
Reasoning: Gap fill at $198 and lots stop losses hit me thinks <$200 and then run up to the top of the Ichimoku cloud on the daily which coincides with ~540.
I'm setting a tight stop just in case of future Ackman scares.
Note
Updated: I am selling any bounce with the intention to buy Netflix at $39
Reasoning: All parabolic trends move down 95% and a 95% move down from $700 is roughly $39-$45
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