Short term bearish case for Netflix $NFLX

We have a number of indicators here that show a possible bearish for the short - mid term case for $NFLX.

1) Trading at top of the range.
2) RSI very over extended representing overbought territory.
3) Markets are at all time highs
4) Its extremely expensive right now with a P/E of 338.
5) MACD starting to curl down on the weekly chart.