peterbokma

NFLX-SELL strategy weekly chart

Short
BATS:NFLX   Netflix, Inc.
As I have mentioned a few times, the share should move lower and the catalyst of non-reporting of new subscribers next year, did the trick. Lesser disclosure, means the market will not like it.

For now, we had a large decline, and there will be some minor recovery for a SELL strategy again.

Strategy SELL @ $ 575 - 590 and place SL above $ 650 and take profit @ $ 475.

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