NFLX

$NFLX closed above the B/O point after some decent swings. Looks good for further gains from here (closing gap)

 

Will short today on a set of nice long green candlesticks.

 

This not a loss. The stock is likely to show its strength.

 

people love this stock because they know it. get an average person from a street - they all know about Tesla, Apple, Facebook, Twitter and Netflix. You do not have to provide any reasons, all you have to do just go into a crowd and say it is time to buy and there will be plenty of those who start buying. Yes, people love the NFLX and that is why it is bounced from the $85 support for the fifth time. Still, it is under bearish trend-line since December 2015 and it will go lower.

 

Wait till the BIG selloff comes....This piggy see's the 70's.

PCLN.... triple digits.

 

P/S ratio has come down a bit, revenue growth still strong near 25%

 

In short with 94 puts at $0.92.

 

Out at $1.06.

 

Something great happens here. Above $97 is a good point, keeping in mind that it has been at $85 recently.

 

Seems like all these rumors are false, though I enjoy the rally