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. Continue reading