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Adrian_I
Jun 23, 2018 1:56 PM

Netflix overbought Short

Netflix, Inc.NASDAQ

Description

Netflix is currently overbought, RSI on both daily and weekly charts exceeded the 80 level. Fundamentally nothing sustains a 100% increase since January except market euphoria and irrational exuberance. I expect a short term correction towards the 360 level in the following weeks.
Comments
Adrian_I
Happening sooner then I thought
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