Netflix - end of the road after +600% at 1000$ ?
We all remember the massive sell-off of NFLX in 2022, it crashed from 700$ to 166$.
Everyone who bought at the time has gained 600% profit as price reached 1000$ after the last earnings.
The question is now could and should you ask for more ?
From an Elliott Wave perspective 5 waves up could be completed and NDX is at least consolidating, maybe even setting up a move to the downside.
I'd take my profits in NFLX and walk away.
Everyone who bought at the time has gained 600% profit as price reached 1000$ after the last earnings.
The question is now could and should you ask for more ?
From an Elliott Wave perspective 5 waves up could be completed and NDX is at least consolidating, maybe even setting up a move to the downside.
I'd take my profits in NFLX and walk away.
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