The strongest month of the year for Netflix is in January. Over the last 20 years Netflix has gained over 11% on average between January 17 and February 01, so will we see further gains this year?
Earnings for Q4, 2023 are out on January 23 and that could be a catalyst for Netflix gains! However, be aware that it has also been a catalyst for Netflix losses in the past to with double-digit falls! Is now the time to buy into Netflix?
This is the most important release of the week and not one to miss!
The major trade risk here is to do with Netflix earnings report as this will likely result in significant volatility for Netflix’s share price.
Remember don’t just trade it, Seasonax it!