Methodology: each issue's direction is a live signal — long/short opens or holds a position, neutral means flat, and every direction change opens, flips, or closes it. Returns are direction-aware (a short gains when the price falls) and compound across positions from first observation to the latest issue. "Price move" is the stock's own raw change, shown separately. Neither represents actual portfolio performance.
Brief History (3 issues)
Down 1.68% against a surging Nasdaq, breaking the 50-day at $486.32 with RSI softening to 46.3 and price 36% below its high; sidelines.
Down 2.72% against a broadly rallying tape, pinned at the 50-day at $486.55 and 35% below its 52-week high — poor relative strength; sidelines.
Consolidating on 2x volume, 34% off the high; the price-hike-plus-audiobooks story lives — wait for earnings to confirm subscriber momentum