HotForex

Netflix Bounced Off Support, Potential Rise!

Long
NASDAQ:NFLX   Netflix, Inc.
NTFX bounced off its support at 251.20 (61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal swing low support) where price could rise to its resistance at 331.33 (61.8% & 50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) bounced off its support at 4%.

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