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Nflx set up for an explosive short term move?
Posted on 5/20/22 at 4:00 pm
Posted on 5/20/22 at 4:00 pm
Breaking out of an ending diagonal pattern from oversold conditions. At the same time the overall market is poised to bounce from oversold conditions. Could be a quick 40-50% move. Any one been accumulating recently?
Posted on 5/20/22 at 4:10 pm to Lgrnwd
Most are buying companies they like right now if they have the funds. Good luck.
Posted on 5/20/22 at 4:50 pm to Lgrnwd
I bought some a couple of weeks ago as a long term hold. Will buy more if it pulls back.
Posted on 5/20/22 at 6:51 pm to Aubie Spr96
Netflix has never interested me as a long hold outside what I own through funds since the space seems so crowded and expensive to keep up with the Joneses and the account sharing issues. I never maintain a Netflix sub and most of my friends say they only do so only for their kids (who mainly watch YouTube/google). Looking at a Hulu email for $1 month for 3 months right now.
Didn’t realize it was sitting at a 16 P/E tho? Probably has potential
Didn’t realize it was sitting at a 16 P/E tho? Probably has potential
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