Our cycle model for Netflix (NFLX) accurately timed a high in the middle of last year 2018. A sell alert was sent to clients. Netflix dropped from a high of 423 to a low of 231, a correction of 192 dollars or ~45%. Cycles showed a low in Dec'2018 providing a buy signal. Since, then NFLX has jumped to a high of 359 (gain of 128). Right now, cycles are expecting some weakness for NFLX leading to a correction of this up swing move. If you are interested to know what NFLX cycles (or any stock) show for rest of the year 2019 and beyond then please feel free to reach out to us using the contact form in the left panel.
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| Netflix (NFLX) - 02/2019 |