Stock Update III: Netflix
Date: 11/04/26 Netflix has made a current high of 103. The price is currently about 30% up from our buy zone. I imagine that everyone's position is sitting in a healthy profit at the moment. So whats the plan now? We are still looking very much intact to hit our target of 130+. However, what we need to keep in mind is that price will not reach the target in a straight line. There will be ups and downs. For investors happy to hold on - our stop losses have been moved up to 75 and the target of 130+ will hit as long as the price doesn't go below 75. For those looking to trail your profit please move your trailing stop loss to where you feel comfortable to book out and for those individuals who want to make this trade a 'no loss' option please shift your stop loss up to 90.82 which will secure your trade with a minimum profit of around 13% from our buy zone of 80. Charts below