oh Netflix, will you finally give up?
Since earnings, every time the market try to push it down hard, somehow the market push it up again. From our original FIbo Analysis, is now in the .382 fibo zone and trying to get back to the .50 level.
I would believe that the "big mass" of subscriber has passed and therefore there is more likely that the price goes souther. But who are we to know it? the market will decide.
Call Scenario
If the price keeps going up and cross the 484 price, it would go for the 500 zone
Put Scenario
if the logic wins, the price will go and test the 470 levels which will be the low level of 1h and if it cross it, it will try to go to 440, 424 or even the 400
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I would believe that the "big mass" of subscriber has passed and therefore there is more likely that the price goes souther. But who are we to know it? the market will decide.
Call Scenario
If the price keeps going up and cross the 484 price, it would go for the 500 zone
Put Scenario
if the logic wins, the price will go and test the 470 levels which will be the low level of 1h and if it cross it, it will try to go to 440, 424 or even the 400
-----
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