Tag: Bill Ackman
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This is Why Netflix Just Popped in After Hours
Netflix (NFLX) may a strong opportunity. After gapping from $525 to about $350 on earnings, the stock has become incredibly oversold on RSI, MACD, and on Williams’ %R. With patience, we’d like to see a gap refill. Helping, Bill Ackman’s Pershing Square just bought over 3.1 million shares of the stock. “We recently purchased more…