Netflix has a ton of support in the 480 to 500 zone

2022年1月20日

The correction of Netflix may be ending soon...
At worst, another 5% down. There is a lot of support in the psychological 500
level down to around 480.
500 will be around 50% Fibo level (290 to 700 range) & I think it will hold as a lot of trading was
done in this zone last August 2020 to May 2021.
not financial advice...just an educational guide.

2022年1月21日

註釋

Thank s do much for your comments. Just my opinion, I think subscriptions to Netflix was already expected to go down as many already subscribed during lockdown. I think the negative news is already somewhat priced-in...just sort of selling the news effect.
Going forward, all it needs is another catalyst like Metaverse or another "Squid Game" & buyers will come back once price fall some more to the previous demand zone 480-500.