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$NFLX seems overextended but look for it go further down
Netflix, Inc.
Short
$NFLX seems overextended but look for it go further down
By CJCHUN
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Apr 25, 2022
2
1
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NFLX
Short Idea
subscriber growth decrease
decrease will continue
Ad-supported lower subscription will be the death-knell to NFLX's unique selling proposition
Crackdown on multiple use may risk further subscription loss
Lower entry for other media companies to do ad-supported VOD
Remember what NFLX did the Blockbuster?
Technical Indicators
CJCHUN
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Ninjatrader Autobot, FuturesPRO. For more info, go to
obsidianindicators.com/
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