Netflix: Down Nearly 50% Over the Past Year, Is the Stock a Buy on This Latest Dip? Here's the Real Issue Behind the Stock's Decline.
Covered by 2 sources · 2 articles
2 outlets - including Cryptonomist and Yahoo - are covering this story. Netflix stock is in a confirmed downtrend. NFLX closed at $68.95 on July 17, below every major moving average, with RSI near oversold across all timeframes. Price structure is broken and momentum remains negative. However, depressed valuati…
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Netflix Stock Down Nearly 50%: Generational Buy or Value Trap?
Netflix stock is in a confirmed downtrend. NFLX closed at $68.95 on July 17, below every major moving average, with RSI near oversold across all timeframes. Price structure is broken and momentum remains negative. However, depressed valuati…
Netflix: Down Nearly 50% Over the Past Year, Is the Stock a Buy on This Latest Dip? Here's the Real Issue Behind the Stock's Decline.