Welcome to the newly launched Essentials Plan, we are glad you are here. We launched Essentials on the Thanksgiving holiday weekend and we will be ramping content on a weekly basis.
Below, I discuss our buy plan on Netflix which is briefly described in the 7-minute video below. We began building our position for our premium members around $217, and since have provided 4 buy recommendation, all of which are positive, as of this writing. We think Netflix is going to be a leading stock in 2023, which Beth outlined in the December stock pick found here.
I use a blended approach of technical analysis to determine our portfolio entries and also to pre-determine our risk management. Risk management is a key part of owning tech stocks and I share this with you in the video.
Netflix is a 10% allocation, at time of writing, which is quite high for us. We have taken some gains as we approach a pullback in the markets, and plan to buy more in the near future. In this video, I discuss the levels we plan to execute our trades in the video below.