So NFLX was ripping yesterday, somehow immune to price drops despite my shorting of a massive 1k shares:). Why? Goldman upgrades them this morning with a $400 price target because why the hell not upgrade a company when the PE falls below 100!
Today's morning gap lines up with recent resistance around $281 and while sitting on the toilet I took a semi-fun size 500 share short to play at least a partial gap fill but mainly because I hate myself and want to put on a bad trade with this POS to ruin my weekend.
As I said before, NFLX warrants caution here because people think its immune to the trade war so it could run up into earnings. Nevertheless, this is a dog and it will eventually go full bitcoin because its just a media company trading with a multiple 5X Disney which is a real diversified entertainment company with better assets.
Careful trading today. Powell up at 10:15.
Today's morning gap lines up with recent resistance around $281 and while sitting on the toilet I took a semi-fun size 500 share short to play at least a partial gap fill but mainly because I hate myself and want to put on a bad trade with this POS to ruin my weekend.
As I said before, NFLX warrants caution here because people think its immune to the trade war so it could run up into earnings. Nevertheless, this is a dog and it will eventually go full bitcoin because its just a media company trading with a multiple 5X Disney which is a real diversified entertainment company with better assets.
Careful trading today. Powell up at 10:15.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.