NETFLIX (NFLX) TURMOIL'S BLOW TO STREAMING

23 de mar. de 2020

while all equities are falling apart Netflix turned to be relatively stable.
but most likely this phenomenon is just temporary.

on a daily on Thursday we saw a retest of a key level and strong rejection with a consequent negative reaction on Friday.

I believe here we have a perfect opportunity to short the stock expecting a drop to lower structure levels.

first - retest of a current local low 298
and then to 255

good luck!

don't forget to support the idea with like and comment! thank you!