Short

Goodbye overpriced assets $NFLX $AMD

Updated

Trend indicates more downside to come, I made a chart on Netflix a year or more ago now saying to buy, I believe this opportunity is over now/soon, we're now getting to a quarterly entry
Not to mention the PE ratio on AMD and many other stocks. Gains to be made.

Note

From the monthly could easily go to 110 on AMD
Eitherway, next year or 2 expecting a lower price in that timeframe.

Note

Also worth mentioning, Netflix could go to just above 500, maybe mid 500's before the retrace down, eitherway expecting a price in the 100's in the next year or 2.
I expect lower over the next 1-2 years in both these stocks.

Note

I ended up getting short on AMD pre-market the other day at 131.4
and I am short on NVDA from 412.5
Both smashing it, I guess I posted these charts a bit pre-emptively but its based from a 1month - 3 month chart so each candle takes time

Trading-Trend

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Near 6 year low

by Trading-Trend

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