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Netflix, Inc. Message Board

  • schweinerhund schweinerhund Sep 23, 2011 7:46 PM Flag

    When will this thing technical bounce

    I guessed wrong and on Monday bought weekly call 165 strike for 405. Money gone. I thought that after last thursday and friday that we would have a technical bounce before dropping further, but unfortunatly the CEO opened his mouth soon after I bought the call. So next week do we get a bounce or not?

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    • donald-waller Sep 23, 2011 11:21 PM Flag

      Trailer is right... there has been much discussion and a couple articles talking about how the technicals are broken on this one... it is over sold and MACD and Stoich are bottoming out... very bad sign...

      GL and keep your powder dry... it's going to be a long winter

    • Technically it's broke.
      Expecting any meaningful bounce imo is a suckers game.

      If you review any bubble stock in the past you will find that 90% that have fallen as hard as this stock has keep going down to give up all gains from the bull run and revert near the IPO price or worse.

    • I made good money on nflx this week... I would like to see another selling wave before to get in.... a drop to $90 within few days would be a good entry point for a technical bounce....!! well if it bounce from here, I`ll just miss it....

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