Netflix: Let’s Pause For A Brief Commercial Break


  • With a small pullback in the near term, we likely will end up with much higher price levels later this year.
  • The fundamental picture remains somewhat cloudy but technicals can help shine some light through the murkiness.
  • What is the bigger picture scenario for Netflix?

Retro old television with clipping path isolated on white background. TV standing and blank screen, antique, technology

Pituk Loonhong/iStock via Getty Images

by Levi at StockWaves, produced with Avi Gilburt

Wait. What? A commercial? Do you remember when we used to watch TV with commercials anxiously awaiting what was to come next? Now we can just binge uninterrupted until sleep

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in NFLX over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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