NFLX, I already traded the big move last week however I believe it will be heading lower before it beciomes a discount buy. Seems the people were very unhappy with their subscription hike, i know i was. 20.00 a month for 4k, myself having a OLED I want the best picture as possible; neverthless I think a lot of people decided to give them the finger.
Myself I m wondering why they split Ozark s final season in 2, why? Throw the hook in subscribers. Below is the weekly chart, and I still believe this stock even though it has decent finances to be overvalued. Problem with this Company is they have 8 Billion in debt.
Indices the 10 year, all point to a heavy dive and NFLX will follow, being heavily weighted on the S&P and The Nazzy