The next four years are projected to be pretty awesome for the company. In 2020, Netflix's subscriber base is expected accelerate to 175 million. There is a lot of global expansion and broadbrand penetration is growing. The library of content of the streaming service keeps increasing as well catering to diverse set of worldwide audiences. Expansion into China is going to be a big factor for Netflix going forward. Netflix should look to partner with a local Chinese operator and this could lead to a huge increase in penetration. However, there is a big possibility that Netflix will not be allowed to enter China. Other countries to watch out for are Germany, France, Italy and Japan. Subscribers in these countries have a strong interest in this streaming service offering and have a good ability to pay. Netflix has some bright years ahead in the U.S. after 10 years of operating history in the country filled with intense competition. Netflix will have to carefully navigate the waters given the popularity of YouTube, Twitch and Webcam.
$NFLX failing to push above previous high Feb high is a worrisome if market hits resistance and fails to hold expect to roll all gains back
$NFLX the bullish engulfing is encouraging but below $95 trouble is not over and bears could ambush anytime. Trade less and save more!
NFLX moves quite well and today the bulls have no need to worry. Tomorrow is so unpredictable, so be careful!
95 to 115 is when that C line should start. Thinking 96.96, 100.6 range, or 104ish. Really bad market starts it.