smcjg
Short

Netflix. Moving Into Bear Territory.

NASDAQ:NFLX   NETFLIX INC
160 views
3
160 0
Netflix share price continue to weaken. With a P/E above 100 while other content providers are trading at 15 P/E ratios worries some big names right now. In addition a poor quarterly is expected which can add an extra bearish pressure on the stock. If the share price does not surpass the $300 resistance, a big sell off towards 248 and 235 may be witness.

Good luck fellow traders
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out