Netflix Is a King of Content

Netflix is up about 180% off the lows or right into that 50% retracement you talk about. You've only been this overbought on the weekly RSI a handful of times in the stocks life. We're going into earnings 30% above the 200 day moving average here as well. I think that's risky into a tricky seasonal period where you start to lose the support of the calendar here. For me I think this is hugely overextended and I would take it off the table.