Netflix - Catching Knives
I'm not one to try and catch a falling knife but Netflix is down over 50% from it's all time high and the last time its weekly RSI was this oversold was back in 2011.
NFLX doesn't pay a dividend at the moment. Stock price is back to levels it was in March 2018, before the surge in customers added during the pandemic and before it's most recent price hike in subscriptions. May be a nice one to dollar cost average your way into.
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I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
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NFLX doesn't pay a dividend at the moment. Stock price is back to levels it was in March 2018, before the surge in customers added during the pandemic and before it's most recent price hike in subscriptions. May be a nice one to dollar cost average your way into.
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Feel free to give us a follow and shoot us a like for more analysis updates.
Disclaimer
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