$Netflix (NFLX.US)$Overbought on almost every measure, valuation is way higher than industry, MACD shows diversion…Relatively low VIX. In my humble opinion it is a good time to short.
$Netflix (NFLX.US)$As I blink and commented it goes up to 1114...wow...are they building it such that we have a sure stock split during the 2nd June meeting...? Either way, may it all go well...🙏
M1ndsetIsGod
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the more the comment section asking to short it, the harder the price to go down. especially for stock who breaks ath, difficult to predict local top, shorting it is just painful process everyday.
$Netflix (NFLX.US)$Back to 850 end of may?It has a pattern of doing this after earnings.Insiders have started to sell . Its in the news feed . Think it peaked?
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Jknight
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How to know if it is insider selling? Is there an indicator? I think only 1 insider reported selling so far, not sure if impact is there. Are you basing it on pattern alone? I keep feeling like I keep seeing chart bearish, overbought etc for this stock but it ends up going to another galaxy and being sustained. Unless there are negative certainties like 60% consumer base lost due to their fee hike etc for now, I think it's better to hold on till 2nd June then see if they will do a stock split during the meeting than sell for nothing since it is defying technicals right now.
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Swami : You probably sold at its high . Down from here.