Good news. The stop at 65 has not been hit and NFLX
is once again making another rally attempt. The last rally in December was on takeover talk, but that fully retraced back to the key support level
that I highlighted on the chart. As the numbers slowly get released and as investors realize how addicted subscribers are to the Netflix
brand, value investors will continue to swarm around this issue and attempt to determine just how profitable they will be amidst all of the swirling competition for video streaming. NFLX
has been dealing with content and keeping costs under control, but the fight is for marketshare and that means sacrificing profit margins. However, keep holding on as NFLX
appears to be in strong hands and new buyers are emerging.