NFLX

$NFLX $80 held, putting all my money in now. Oh wait, that's what all the TA people said about $90 last week.

 

Is NFLX the next bubble? Or the bulls will back?

 

NFLX is a portal to other cultures. Just as a huge variety of independent films are available from all over the world to us. Our movies and videos are available to the rest of the world. That's really the whole point of subscribing to NFLX. That's why once a subscriber sees the variety available, he/she will not give up their subscription.

The growth comes from that principle. Anyone with a Internet connection globally will find it hard not to subscribe once exposed to it. So that's what the growth potential is.

 

$NFLX This is no where near confirming a reversal, although show exhaustion to the downside. I want back in so i'm patient

 

Low 70's support till next earnings cycle.

 

$NFLX so recession hits, people cut cord and keep internet and realize this is all they need haha

 

Yep, but NFLX is part of the indexes, so it suffers with indexes. I think low 70's equates to 1700 on SP500. 45 to 1550 on SP500

 

$NFLX couldn't have imagined a better job. That Vanguard filing, what the doctor ordered. RSI reset a bit, TL rejected, locked & loaded...

 

$NFLX this may now just consolidate in a range trading. In bull market, luck will help you break even at entry of $130 but not bear market