Netflix, Inc. (NFLX.NASDAQ)

21 January 2019


Technical Summary: The five year chart of NFLX tells a lot about what you need to know about for NFLX as a company. The stocks technical performance has certainly matched the fundamental noise about the company. The stock has pretty much been a ten bagger in the last five years. Like many of the glamour names however the stock over its one year chart has taken on a different character and is trading only slightly higher than it was one year ago. On the one year chart there is no definite trend to jump on board. A long term holder might be satisifed sitting through this period but it is unlikely from a technical perspective that you would be looking to initiate a position unless you had a fundamental view on the
company.

Classical head and shoulders top for NFLX?

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