This Streaming Giant Is Starting To Retrace

This Streaming Giant Is Starting To Retrace

InTheMoneyStocks.com  | Mar 13, 2018 01:43PM ET

Shares of Netflix (NASDAQ:NFLX) continue their downward move after making an all-time high of $333.98 on Monday. The stock, now trading near $315, is likely beginning a normal retrace back to the long-term trend. The recent surge had Netflix shares up over 75% since the start of 2018. This insanity is driven by hype and greed and cannot last. The technical retrace to the trend is shown in the chart below as the stock now sits at $240-$250.

Netflix Inc.

InTheMoneyStocks.com

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Евгений Щепелин
Евгений Щепелин

Anyway Netflix is a big bubble now  ... (Read More)

Mar 14, 2018 09:55AM GMT· Reply
Cynthia Investor
Cynthia Investor

Missed the run-up LOL. Retrace to maybe 300. 240-250..in your dreams  ... (Read More)

Mar 13, 2018 10:52PM GMT· Reply

You also told us micron was going to 34 and it went to 60.  ... (Read More)

Mar 13, 2018 10:36PM GMT· Reply
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