P/E does not work for Netflix because i'ts a Cult Stock just like Amazon and Tesla. P/E at 1000 does not matter. Because Netflix is growing at 1,000%. Everyone in the world will subscribe to Netflix - India and China are coming - HUGE.
Time for reversal ... once we cross back to $100. The momo climb to $150 is UNSTOPPABLE. In fact, the climb from $100 to $125 - $130 will be pretty fast. Netflx understated their forecast so it will climb to $150 by next quarter earnings.
kaabooooommmmm ! Shorties are dead.
Higher Support Level Everyday until $160 is hit. The climb is gradual but steady - which is what I like.
More Short Heads are gonna roll next week. The big bulldoze effect to $150 is coming. New Support is $97.50 .. on the way up. We hit $105 and big short squeeze to $120 will bulldoze all the shorts.
The big run up is coming. It will have a bulldozer effect, where all shorties' head are cut off and blood are spouting out from the shorties. Margin call for Shorts. Big short squeeze
NFLX will bulldoze the head of all Shorts. Very painful to see Shorties head cut off ... but I'll enjoy it ... bwhahaahaa. COVER NOW SHORTIES OR COVER AT $115
Sentiment: Strong Buy
Make no mistake. Big boys manipulating prices to buy cheap before the run to $160.
Chart shows Momentum boost to $150 is only starting very slowly. Next week, with the strong momentum force of NFLX , we will be seeing above $110 price range.