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airborne99
Apr 1, 2023 11:32 PM

Netflix ($NFLX) Long Long

Netflix, Inc.NASDAQ

Description

NFLX 4/28 390C 2000x 5.00

If we zoom out on NFLX technicals, we see that it has created higher highs and higher lows since May 2022 after its post-earnings drop. A new higher high, would put it at around 400-430 levels by EOM. There is a cup forming around the 50dma as the stock is trading above all important moving averages (20-50-200 day) and Bullish MACD. Earnings on 4/18/23
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