We were cautious with NFLX in October. Here's what the charts show now.
ROKU is up about eight-fold from its late 2018 low around $30.
There are bearish technical signals that indicate prospective buyers might want to wait for a pullback in the shares of the streaming giant.
Let's review the charts and indicators.
There is an opportunity to buy some of these names at a discount to their highs, with Amazon presenting the best bet.
Looking at the 3 D's: Disney, DraftKings, and Domino's.
Is the correction over or are we poised for another leg lower?
The shares are expensive. An investment in this name is a bet on a recovering economy in a post-pandemic world.
NFLX has been weak in recent trading sessions.
Apple is showing its technical leadership on the short-term charts, and looks like it can turn a little faster than the broader market.