NFLX Short

Updated
Company had a recent earnings drag now has regained some footing. I do not think buying power will be enough to propel stock above price pre earnings. This company is burning cash at an alarming rate. Last 1/4 it brought in over $4 billion with Net earnings of only $133 Million.
Note
The fact that this company is approaching Disney market cap is insane!
Note
NFLX not a member of today's rally.
Chart Patterns

Also on:

Disclaimer