$NFLX - Overheated Price Action
$Netflix(NFLX)$ - Overheated Price Action:
In previous occurrences when the Bollinger high has been breached and the oscillator sets a bearish crossover, a decline to the 20DMA or lower Bollinger band has happened.
Will the gap (green squares) be filled? if the pattern repeats, most likely, but this stock can leave gaps behind.
Fundamental Analyses for Streaming Giants! Netflix chose not to invest heavily in live sports, it focused on building its business organically, that strategy is working.
How healthy is the company? That was studied in a comprehensive study for the streaming leaders including NFLX, $Walt Disney(DIS)$ $Spotify Technology S.A.(SPOT)$.
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