Buy Falling Dagger NFLX or Knife PYPL?

Anyone long tech stocks has felt the pain since November. Look at the chart of NLFX below, over $650 to $227 ? Wow.

So, after the second gap-down, is NFLX a buy now? The chart certainly says "No". What do NFLX's fundamentals tell us? Current year earnings estimates of $11 seem reasonable for a high-quality company, but a closer look shows that there are …