Personally, I'm not ready to get into a directional bullish position on NFLX, I'm waiting for technical changes in the stock before I start to test the market. I have absolutely no clue, but this stock could neander flat to lower for a few weeks or so, or it could change tomorrow. Bottom-line, I'm not taking on any buy-side action personally right this moment. But, it's definitely on my radar after the recent sell-off, it might be a decent buy should it prove-up technically.
Hopefully this information shared today was helpful, and provided you with an added edge in your trading. Remember, do your homework, and fully understand the risk before trading anything.
To learn more about more seasonal information on Ne.tflix (NFLX) and other seasonal opportunities, please click on the link below to access the Seasoned Stocks software:
https://seasonedstocks.com
Trade Smart,
Chad Shirley
P.S.
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