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Showing posts with label Market Gossips. Show all posts
Showing posts with label Market Gossips. Show all posts

Time to Buy Netflix (NASDAQ:NFLX)?

Time to Buy Netflix (NASDAQ:NFLX)?

On July fifth I took an attempt at calling a prime (something I never do) on Netflix (NASDAQ:NFLX). It wasn’t most as me making an attempt to time a prime because it was an explicit very little contrarian indicator I picked up and it looked as if it would work quite well with this decision. My biggest mistake wasn't engaged on it as that day it had been somewhere around $287 at the time of the post and whereas it went up and peaked at $300, that was essentially it for this stock. My target was $210 and it’s so much exceeded that and with bearish sentiment at an extreme for this stock I needed to visualize what the charts were saying regarding taking a protracted position.
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