Netflix (nflx) Chart Breakout

Discussion in 'Investment Charts' started by longtermbull, Jul 18, 2017.

  1. gowiththeflow

    gowiththeflow Senior Investor

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    Looks like Netflix is benefitting from the virus - having to wind down the quality of internet transmissions due to bandwidth shortages. We live and learn :)
     
  2. longtermbull

    longtermbull Administrator Staff Member

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    While many might look at those signing up to Netflix in isolation as a short term bounce, I am not sure. I think that many of us sign up to services then we cant be bothered to cancel our membership. I think this is something that Netflix will benefit from hugely in the short, medium and longer term.
     
  3. Buyonthedips

    Buyonthedips Senior Investor

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    When markets bottom out perhaps it would be an idea to switch Netflix into Roku? Just prior to the stock market collapse, Netflix’s competitor was seen by many as a better prospect going forward. It looks as though Netflix has benefited from its strong brand name in the short term but might a switch be lucrative in the long term?
     
  4. longtermbull

    longtermbull Administrator Staff Member

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    Well, looks like Netflix is benefiting from the lockdown - what happens when we are all let free again? Will the company be able to hold onto the vast majority of new subscriptions?
     
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