Even though we got the split and demand will likely kick up from all the new eyes and smaller retail buyers jumping in, I’m still eyeing that $100 level before going in on Netflix long-term.
A split brings hype, more volume, and usually a short-term run, but long-term entries still need patience. After this initial excitement dies down, stocks tend to settle back to their “real” value. If Netflix drifts toward that $100 zone, that’s where the long-term entry starts looking way better.
I’d rather let the split hype cool off, let the chart reset, and then scoop shares at a level that gives me room to grow over the next few years with Netflix.
If it gives me that $100 dip, I’m loading up.
For now, my 10 shares are settling.
A split brings hype, more volume, and usually a short-term run, but long-term entries still need patience. After this initial excitement dies down, stocks tend to settle back to their “real” value. If Netflix drifts toward that $100 zone, that’s where the long-term entry starts looking way better.
I’d rather let the split hype cool off, let the chart reset, and then scoop shares at a level that gives me room to grow over the next few years with Netflix.
If it gives me that $100 dip, I’m loading up.
For now, my 10 shares are settling.
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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.
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.