Netflix
What is going on?
After 6 years of exponential growth + 1'000% (2015 - 2021) the time has come for an immense profit taking.
Losing 70% (going from a $ 300b to a $ 100b market cap.
This capital will be used to refinance the company and to develop new commercial products.
However, losing the SUPPORT 430/380 now NEW RESISTANCE.
We find 3 main supports, potential reversal points.
S1: $ 180 / $ 210 (most likely)
S2: $ 130 / $ 110 (average probable)
S3: $ 60 / $ 70 (least likely)
Only when the Nasdaq 100 inert its medium-term bearish trend could we see a real low point with new entry points.
Buy at the lows and sell at the highs. (this is the secret)
For info, contact us privately
LPI.sa
What is going on?
After 6 years of exponential growth + 1'000% (2015 - 2021) the time has come for an immense profit taking.
Losing 70% (going from a $ 300b to a $ 100b market cap.
This capital will be used to refinance the company and to develop new commercial products.
However, losing the SUPPORT 430/380 now NEW RESISTANCE.
We find 3 main supports, potential reversal points.
S1: $ 180 / $ 210 (most likely)
S2: $ 130 / $ 110 (average probable)
S3: $ 60 / $ 70 (least likely)
Only when the Nasdaq 100 inert its medium-term bearish trend could we see a real low point with new entry points.
Buy at the lows and sell at the highs. (this is the secret)
For info, contact us privately
LPI.sa
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.