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NETFLIX SHORT

Short
NASDAQ:NFLX   NETFLIX INC
NETFLIX continues to make new lows, this may suggest a continuation to trend support before turning around.

If you can trade forex, why not try out stocks, it's a bit of fun especially Netflix is an "AMERICAN COMPANY" ;)

The core business of Netflix is favorable, but the current price is gravely overvalued. Although the level of debt is mild, last year´s performance was high, and the financial solidity is favorable, the company has serious problems. The level of risk is tremendous, the potential upside is dreadful, the expected performance for next year is horrible.
Comment: (Journal) Price is moving as predicted.
Comment: TP HIT 🤑
Trade closed: target reached: TP 2 HIT.

Comments

hopeful article
+1 Reply
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