market down a little but nflx? thanks.
Few want to buy (or buy more) with Q1 reporting coming. Netflix's long uptrend is broken. It is sitting in the $320-$330 range where it has some support. Pre-quarterly report, the traditional smart play is options betting on volatility.
Netflex had some technical problems today.
Sentiment has changed. That is all that matters here. End of story. Any pops will likely be short covering.
The 3/31 short interest report showed shorts having a 52 week low in shares. Once again they are morons.
Ask Fed. They will tell you the damage is contained.
Sentiment: Strong Sell
do you really need to ask that question? If you have money in nflx get out while you can.
The chart points to 298 within a few days!