streetgainer
Short

I Just don't see any further upside in $NFLX

NASDAQ:NFLX   NETFLIX INC
What wall st is saying is that the lockdowns will accelerate subscriber growth upwards, that's fine. However, what happens when the lockdowns are lifted? Subscriber growth would be maxed out and declining. I'll be closing my long positions and going short at some point. Targets are on the chart.
Trade closed manually
Comment: Breaking 400 to the downside, soon.

Comments

what about a posible triangle starting at 2018? in that case posible target of $560
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@TomasDe, I closed this trade on the dip. Although it looks weak here, I'm on the sidelines in the name for now.
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