NETFLIX: Short Sell

[SimpleTrades]

I am hitting myself now for covering that short! I submitted to the psychological pressure on ET.

 

[Jamie J.]

To become powerful again is NFLX's task for the next week. And for this quarter as well.

 

[victorycountry]

I am hitting myself now for covering that short! I submitted to the psychological pressure on ET.

I had not checked its intraday price movement. I've just checked and it looks like there is a high chance it could continue to fall but it could also bounce back to $118ish before it could fall substantially. So you made a right decision to cover your short. You can set a limit short again when it bounces back.

 

[Lloyd W. Coutee]

$NFLX a short on the daily since 121.61. Does it want to fill that Gap at 106.97, or will 112.9/111.85 be strong enough support here?

 

[SimpleTrades]

Heading back to the price where I might want to short it again ...

 

[Michael J. Fletcher]

Sooner or later it's gonna go down, and it's gonna go down heavily.

 

[Michael J. Fletcher]

Heading back to the price where I might want to short it again ...

Absolutely, this is so overbought.

 

[Jamie J.]

Let's not forget who brings quite good earnings over the last 12 months. So, don't dismiss NFLX!

 

[Lloyd W. Coutee]

here comes the random media buyout rumors to try and keep Netflix stock price propped up. Be careful. Could be a slippery ride.

 

[victorycountry]

I am hitting myself now for covering that short! I submitted to the psychological pressure on ET.

You don't have to and you were lucky because you did so because it's definitely gonig up. It has finished its correction.
I was right after all, about short selling constraint and upgap.
So stock market is much more easier to predict than derivative market because of the constraint. You guys are so lucky, haha