Earnings report Subscriber loss Overdue correction Poor management Cancelling Tv Shows
Now Netflix new plan to generate more revenue is AD-supported low cost subscription plan. Now read the fine print on the plan. No download support and limited views of new releases. How is this a plan to generate more revenue and bring subscribers back. Who at Netflix comes up with these plans. Other streaming services prices are going up due to rising costs but they are also adding more content to meet the demand of subscribers.
I am going to leave this post here for you out there to decide.
Overspending and trying to maintain inflation profits is how companies start to fail.
Note
manipulation bull trap setup from weekly traders is to be expected. everyone that depends on the market for income will always be buying and selling something. i stand by my decision here with a predicted forcast at 100.00 could happen between november 2022 to march 2023
Note
click play on my chart is it a bull trap? if it is it will crash to the yellow line 162.00 so be very careful next week
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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.