Mixed day for $NFLX, earnings, added users, costs sky rocketed and the CEO stepped down. A lot for the market to digest. I believe the market will assess this and not be bullish.
To bottom at $170+ and continue it's bounce to $342 without any ABC count pull back, means this is due a pull back, I am not convinced by todays actions that this is bullish.
I do not believe anyone should chase here.
TommyJR
2023-01-20 21:32:30 +0000 UTC