Bill Ackman just brought $NFLX
Is this the catalyst to flip the trend?
On March 12 I said $NFLX would go to $70, $NFLX local low was $65
It has been 153 days and I am bullish
Bullish divergence on the daily, just waiting for price to reclaim the 50dma
Long term price target is $199
$NFLX at $70 is where I am looking to add. It has had a small retrace bounce off $75 after falling almost 45% since July. Definitely keep you eye on it