If you think Netflix's (NFLX) post-earnings sell-off was bad, you are going to see much stranger things in the next 3-6 months for the stock.
The company actually posted revenue numbers that came in close to expectations, but it was the new subscriber numbers that were a shocker. Analysts were estimating the number of subscribers to actually grow, but Netflix ended up announcing that it had lost subscribers. To be exact, 126k subscribers were lost against a projected gain of 352k.
With this announcement, Netflix plunged below a crucial technical support level that