LPI_Investments

Netflix What is going on?

NASDAQ:NFLX   Netflix, Inc.
Netflix

What is going on?


After 6 years of exponential growth + 1'000% (2015 - 2021) the time has come for an immense profit taking.

Losing 70% (going from a $ 300b to a $ 100b market cap.

This capital will be used to refinance the company and to develop new commercial products.


However, losing the SUPPORT 430/380 now NEW RESISTANCE.

We find 3 main supports, potential reversal points.

S1: $ 180 / $ 210 (most likely)
S2: $ 130 / $ 110 (average probable)
S3: $ 60 / $ 70 (least likely)

Only when the Nasdaq 100 inert its medium-term bearish trend could we see a real low point with new entry points.

Buy at the lows and sell at the highs. (this is the secret)

For info, contact us privately

LPI.sa

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