NFLXThe bottom looks close based on this weekly chart.
- Deeply oversold RSI
- Bounced off the POC in anchored volume profile
- W%R deeply oversold and starting to curl up
Overall, the acquisition of WBD is expensive, but Netflix is playing the long game.
This provides content as far as the eye can see with the addition of DC, GoT series, and more.
Overall it's a blockbuster, but I feel NFLX reaching a $1T market cap is inevitable... currently sitting sub $500B.
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