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NFLX Rollercoaster Week. Bullish Friday
Netflix, Inc.
Long
NFLX Rollercoaster Week. Bullish Friday
By abreubarbara
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Jul 17, 2020
7
Jul 17, 2020
Netflix dipped sharply on earnings miss.
Weak subscriber forecast.
Beats revenue in Q2 report.
Revenue Estimate $6.08 B
Revenue Actual $6.15 B
Jim Cramer predicts a rise in FANG stocks after yesterday's pullback.
Yesterday's pullback occurred due to sellers collecting profits.
The market needs to consolidate before it continues trading up.
Pullbacks are healthy. Netflix has been hitting higher highs.
I predict the upward trend continues today.
Please always do your own research.
This is not advice.
I'm here to learn.
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abreubarbara
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