TSLA, NFLX - two struggling momo stocks

Whilst the main market continues in algo-bot melt mode, a few of the big name momo stocks are still on the slide. Tesla (TLSA) and Netflix (NFLX) both closed lower by just over 4%. Near term trend for both looks weak.


TSLA, daily

NFLX, daily

Summary

Suffice to say, both of these hysteria surrounded momo stocks look very weak. NFLX has of course already had Q3 earnings, whilst earnings for TSLA are not due until next week - Tue' Nov'5.
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Near term targets: 

NFLX looks vulnerable to $305/295 - where there are a few supports, inc' the 50 day MA.
TSLA, if we see a break into the $150s, the door is open to a very severe decline down to the 110/100 zone, where the 200 day MA is lurking.

Both should prove to be very interesting stocks to watch for the remainder of the year.