Netflix Inc (NFLX)

Netflix Inc (NFLX)

Netflix, Inc. is a provider of Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States. The Domestic DVD segment includes services, such as digital optical disc (DVD)-by-mail. The Company's members can watch original series, documentaries, feature films, as well as television shows and movies directly on their Internet-connected screen, televisions, computers and mobile devices. It offers its streaming services both domestically and internationally. In the United States, its members can receive DVDs delivered to their homes.

 

 Technical Analysis:

 

Technically we have to consider that a 1-year trend lind has been broken and pull backed to trend line. in weekly time fram price is trapped inside a channel. Due to market impact of the coronavirus , the current market trend is downward. we could be considered to open short Position and price could probably move down the channel.

 

 

 

 

 

 

Trading tips:

 

To open short positions, may be open the position  @ 331.2
TP1:  300 @ S3 Monthly 
TP2 260

RESULT

Symbol Result
Netflix still open