Netflix (NFLX) earnings miss and weak subscriber guidance. The coronavirus stock market rally retreated Thursday, closing near session highs but with growth names lagging again. Earnings season adds another layer of risk for investors.
Netflix stock plunged overnight, wiping out nearly all the gains from its most-recent consolidation. Netflix earnings were...
Netflix dipped sharply on earnings miss.
Weak subscriber forecast.
Beats revenue in Q2 report.
Revenue Estimate $6.08 B
Revenue Actual $6.15 B
Jim Cramer predicts a rise in FANG stocks after yesterday's pullback.
Yesterday's pullback occurred due to sellers collecting profits.
The market needs to consolidate before it continues trading up....
07/17/2020 $NFLX
Sentiment Algo uses "advanced big data analytics". This stock has potential for a significant increase in volatility. This is not a buy/sell signal
NFLX - What a move!
Netflix, yesterday the earnings of NFLX were not so hot after all. Allowing us to chill further down to a deeper pullback. We are pattern wise - Bear flag. Measuring it, could lead us to that first hit of the red trend-line up. Now it's still within consolidation. However, if NFLX does breach towards upside the arrow is showing where it could...
In my personal opinion, currently $NFLX is overvalued and needs to pullback for healthy growth. I have two price targets that I would like to buy in, first is at $452 range, and 2nd price target will be $410 range.
Netflix was down almost 15% after earnings. I quickly pulled up a chart to investigate. As you can see the stock was maybe "running ahead of itself." It went into earnings up 60% year-to-date. Most stocks don't return that in even a 5-year timeframe.
Regardless, as you can see, the price is about to near a crucial point that marks a lot of volume and trading (the...
