loomane85

$NFLX is the rotten apple of the large cap bunch!

Short
NASDAQ:NFLX   Netflix, Inc.
Major Indices hitting their head against major resistance levels while Netflix is is breaking 20 day lows. Price could be heading to $231.26 and with high implied Volatility of 40% with could see a major move to the downside!
If the overall markets starts to roll over Netflix could get dragged down even further.

Disclaimer

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.