NASDAQ: NFLX took a massive hit today dropping currently around 14.00. As for the future of NFLX, there are two possible scenarios that could unfold.
The first scenario involves the idea of NFLX falling to 80.23 by July 22nd, with a rebound back to 85.00.
On the other hand, the second scenario involves the idea that NFLX will rebound by tomorrow and spike to roughly 93.00; which could be a massive potential for buyers. However, in this case it would cause the stock to fluctuate around 93.00 to 87.00 for about a month (similar to the trend found in May and June). I would suggest waiting until the end of today. Go check it out yourself.
