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.