Feb. 8 at 6:25 PM
$NFLX
Netflix is bouncing off
$82, closing the weekly candle right at support. Key question: will it hold and push back toward the
$90S, or test
$70 next?
Despite the “go woke go broke” narrative,
$NFLX keeps growing revenue, profits, and subscribers, plus expansion via acquisitions. P/E has dropped 57 → 32, and while 25 could signal undervaluation, Netflix already looks cheap versus 100+ P/E peers.
