Technical analysis: the price has reached a historical resistance , with a bearish divergence signal on the RSI indicator , this could lead to a re-test of the yellow zone located between 580$ - 560$
Fundamental analysis : NETFLIX'S PE ratio is relatively high compared to tech industry with respectively 65 for netflix and 25 for average tech industry's PE ratio
analysts says that new subscribers gains in netflix are already priced into the stock price (source : Deutsch bank)
Fundamental analysis : NETFLIX'S PE ratio is relatively high compared to tech industry with respectively 65 for netflix and 25 for average tech industry's PE ratio
analysts says that new subscribers gains in netflix are already priced into the stock price (source : Deutsch bank)