Nice long opportunity here, I think we'll move to 300$+ as scaling solutions move forward..
We had a good dump and sentiment seems bearish which is making me bullish. RR also good, worth a try in my opinion.
Sentiment is bearish AF. Falling wedge possible. Support around 90$. Wouldnt be suprised if this goes down further but RR is too good IMO.
Another inflated tech stock which will likely collapse as soon as the cheap money is gone and the tide has changed.
Dumps getting smaller and smaller, we should reach a final point soon..
I love Netflix its a great company, but this thing must go down. EPS still over 100. Chart pattern seems broken to me and I think they will have more competition in the future. Dont see how they wanna earn all that money to justify this valuation.
Why not
I think we are at a decision point, we are directly at crucial support levels. If they hold we can see a good bounce if not we will see more downside.