NetFlix Play

Netflixs has been taking a hit on subscribers since they introduced their new pricing scale, instead of 5 6 bucks a month, they re kicking it up to 20 per month for premuim UHD content, i saw this coming awhile ago. Unfortunately its a little late. However, we still got another 40 or 50 dollar drop before price stablizes. You ll see in one of my charts NFLX is compared to S&P 500, DOW, NASDAQ and the semi conducter sector. whichs shows interesting supply and demand zones. One chart is my volume profile which indicates NFLX is a Distribution Phase....Accumulation, Manipulation Distribution/Direction. Enjoy

photo-url-https://api.utradea.com/profile_pictures/61806d1df37e86600a050f8c.jpeg

LastKnightofHonor

Jan 9, 2022

· POSITION CLOSED

5.65%

Position Return %

30.59

Position Return

541.06

Price When Posted

NFLX

Netflix, Inc.

193.42

2.02 1.06%

Current Price

NetFlix Play

bearish

Netflixs has been taking a hit on subscribers since they introduced their new pricing scale, instead of 5 6 bucks a month, they re kicking it up to 20 per month for premuim UHD content, i saw this coming awhile ago. Unfortunately its a little late.

However, we still got another 40 or 50 dollar drop before price stablizes. You ll see in one of my charts NFLX is compared to S&P 500, DOW, NASDAQ and the semi conducter sector. whichs shows interesting supply and demand zones.

One chart is my volume profile which indicates NFLX is a Distribution Phase....Accumulation, Manipulation Distribution/Direction.

Enjoy