Top called July 27th, 2021, months prior. No surprises/remorse here! The idea is linked below.
Moving forward, Netflix's price action will be choppy and downward facing. ABC correction in progress; B wave recovery expected soon. Bottom of the historical channel - end game. Fundamentally, increased competition will continue the downtrend in subscriptions. Conclusion: Bear!
Moving forward, Netflix's price action will be choppy and downward facing. ABC correction in progress; B wave recovery expected soon. Bottom of the historical channel - end game. Fundamentally, increased competition will continue the downtrend in subscriptions. Conclusion: Bear!
