Not quite yet, but if shares of the streaming giant pull back to a key support level the potential reward in a trade would appear to greatly outweigh the risk.
Like a Hollywood movie, the narrative surrounding Netflix Inc(NFLX) involves a plot twistLast year, shares of the streaming media giant enjoyed a robust gain of 67.1%. However, the former market leader (blue) is down 4.8% year to date, badly underperforming the S&P 500 (green). Source of charts: TradeStation Netflix shares have lost about 10% of t...
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