Despite the main market closing with very significant gains, Netflix (NFLX), settled -4.0% @ $94.88 (intra low 93.55). Regardless of any upside into mid Sept', the door is wide open to the 75/70 price gap zone. From there, upside into year end.
Little to add.
Today's performance in NFLX was notably lousy considering the main market.
Broadly, NFLX looks headed to the mid/low 70s in October.. which would sync up with the sp'1800s.. or even lower.
*I would consider going long-NFLX in the 75/70 zone in Oct', although generally, I refrain from such momo stocks.