Netflix Survived a Mini Bear but…


In the attached video I look at the long-term weekly chart of Netflix (NFLX) and the daily chart from an Elliott Wave perspective. This is an update to a video I did 7 months ago.

Nothing goes up forever and yes even the most popular stocks go thru some severe bear markets.  NFLX lost 83% of its value from July 2011 to August 2012.  Enjoy the video.

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