NFLX 565: After 2X EM Now What? 550 or 600? Mean Reversion?

23 בינו׳ 2021

NFLX exploded after good earnings (projecting cash flow 1 bill). A 3-day continuation is a pattern for most of the outsized move then it chops.

NFLX has entered the chopping stage; reversion to means targeting 550, then 535. Stronger support is at 535.

NFLX also has a history given up post-earnings gain quickly.