juan75

NFLX doing the normal price correction

Kort
NASDAQ:NFLX   Netflix, Inc.
Well, Earnigns are in the past and the market didn't like the company's results. Not because they were bad, but simply because the market thought it was going to be better...and as we always said, the market gives a S^&##%^ about us!

So what is next? one of the scenarios was exactly this, so unless next week people decide to change their mind (which it could happen), there is a great possibility that our NFLX keeps dropping the price to 467 which will be in the .50 fibo levels . and then, who knows, maybe it bounce back or keep dropping... still too soon to know.

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