1️⃣ Why am I making this trade now?
I decided to add more shares to NFLX. NFLX has experienced a pullback recently, bringing its valuation down to a much more attractive entry point. I think short term wise, market is in consolidation, however the long term growth drivers for NFLX remain intact, due to its successful ad tier monetization and steady global subscriber expansion.
2️⃣ What’s my plan from here?
I will monitor the upcoming earnings call for subscriber growth, average revenue per user trends, and the continued scale of the ad supported tier. If upcoming quarterly reports confirm healthy revenue and margin expansion, I will continue holding and look to add more to my position. if not, I will reassess my view again.
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