Thisguy22

NFLX and BTFD

Long
Thisguy22 Updated   
NASDAQ:NFLX   Netflix, Inc.
Looks like this is another stock that I will be adding to my portfolio soon. In the coming 2-5 Months. This has been a more volatile stock as it's sold off 45%+ in the past and it's currently reaching/reached that point. Of course with inflation and rate hikes affecting high PE companies this one will probably be no exception and will probably be seeing more pain in the coming months. Also raising prices is not going to bode well for them in the coming quarters, affecting churn rates/new customers. 375 and 343 a next levels to watch for. looking to start adding around 370ish.

290 would be hell.
Comment:
lol, it's 352 and like it's going down man! probably moving my entry to around 300
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