The American streaming giant, Netflix, is preparing for 2021 by launching many original productions. The objective is clear, to consolidate its number 1 position by increasing its number of subscribers. Who has never seen a Netflix movie or series? The notoriety of this platform is such that most of the new generations have already used its services. 2013 is a pivotal year since it is the one where the platform launches its first three original series. House of Cards, a show that puts us in the heart of the rise of an American politician, has drastically changed the world of series. Netflix has not stopped at the world of series since the platform has been able to carve out a place for itself within the seventh art. Big names in world cinema collaborate with Netflix. The legendary director, Martin Scorsese with The Irishman, Alfonso Cuaron with Roma… These are just a few examples of filmmakers that you can find in their catalog. The binge-watching highlighted by Netflix is probably one of its strengths in a society that wants everything to happen quickly. Yes, when you think that at the time of series like Lost, Heroes and others, we had to wait a week between each episode. The "baby" of Reed Hastings (co-founder) has become a world reference in a short time thanks to an increasingly substantial offer in terms of films and series. There is no shortage of competitors for Netflix. For example, Prime Video has a less imposing but perhaps more qualitative offer. Another competitor, the French platform Salto, will try to compete with the American juggernaut with a more European offer. The Covid 19 pandemic has made Netflix one of the companies that has benefited the most from the lockdown.It is interesting to understand the evolution of their number of subscribers. The forecast was 7.5 million but the first lockdown exploded everything with a figure of 15.7 million. This will allow us to understand the evolution of the stock market action of the American firm. In its stock chart on an equity investment platform, we see how the stock has gone through rollercoaster times throughout 2020, during which it revalues just over 43%. This year is memorable as the stock has seen more than 26 gains. Last month alone, there were 11.
Stock market developments
According to José Antonio González, technical analyst of Netflix's investment strategies, Netflix recovers (or recovers) short-term positions from its secondary increase guideline (also known as the medium-term curve), which starts at 290.25, and from its simple 40-period moving average (medium term). The (current) movement allows the MACD oscillator (or curve) to activate short-term buy signals. Once it successfully normalizes the accumulation of overbought readings, it will consolidate the overshoot of its all-time highs of 474.01. We will not be able to anticipate a significant decline in the increase in its structure, in the medium term, as long as values (prices) do not cross the zone of 397.86 / 393.52. For the Nasdaq, the indicative price is set at 467 dollars, a very attractive value. The CNN money website has established a PO for analysts who track the value of $496 per share. The Wall Street Journal reaffirms the importance of Netflix stock value with a POT of $467.03 per stock. Netflix's share price has already been sold above these two stocks. There is a long-term upward trend for Netflix stock. The purchase of shares in the US platform is an excellent opportunity as it continues to grow.
