Long term prospect is good but not attractive. Be ready for 50% correction!

$Netflix (NFLX.US)$ Long-term prospects are good, but I can see in my research that it can slide to $325-350. As an investor, I don't think the current level is good entry points, especially when my analysis indicates a significant downside. If I am in profit, then I shall book my 50% profit here. My downside target is $325. Anything above this price, then I am not interested. I shall re-analyse this stock after Q3.

My research and analysis are not advice or recommendations. It's for information and knowledge purposes only. Any research , analysis, information, or other material received should not be construed as individualized investment advice. Investment decisions should be made as part of an overall portfolio strategy, and you should consult with a professional financial advisor, legal and tax advisor prior to making any investment decision.

Happy Investing!