From the public open price of NFLX to its all time low 139 days later it lost ~70% of its value
(remember the numbers are lower because NFLX has had 2 stock splits in the past, once was a 2:1 and the other was a 7:1)
After it started to recover from the dip, it consolidated under $0.70
It then broke out and retested that $0.70 level and that area circled in green would have been a great area to buy for the long term either at $0.70 or as it started bouncing from that price
I will say I don't expect IQ to get beaten up as much since NFLX was kind of a pioneer at its time where as IQ is similar to a proven business.
(remember the numbers are lower because NFLX has had 2 stock splits in the past, once was a 2:1 and the other was a 7:1)
After it started to recover from the dip, it consolidated under $0.70
It then broke out and retested that $0.70 level and that area circled in green would have been a great area to buy for the long term either at $0.70 or as it started bouncing from that price
I will say I don't expect IQ to get beaten up as much since NFLX was kind of a pioneer at its time where as IQ is similar to a proven business.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.