NFLX is no longer just an ordinary stock, it is now one of the household names where 3.75% of the world population is a subscriber. Additionally, it is available in over 190 countries around the world. The market is still too large for it to grow as a $1 trillion market capitalization.
This could be a short dip, consolidation and after that it might test the $1300 else with a maximum of $1294, minimum of $1087, and an average of $1178, closing at $1198.
Important: Just my personal view NOT an investment advice.
NFLX massive bearish divergence on the 4 hour also hit the top of the uptrend , we going down, i am.massive bullish on netflix for the long term, but for the next month i am bearish to 1050
NFLX the fall of netflix will be one for the books. cant say exactly when it could stop. if it blows past 1220 who knows whats the next stop...but when it falls it will fall hard. first stop 900 and then below to volume prof POC
NFLX I added both call and puts to watchlist at about 9:15AM and both have negative returns puts ($1185) 66% down and calls ($1190) 50% down. This is what happens on Friday with Netflix. options become affordable and more traders tries out their luck and lose money.