ACTIV8X

Netflix Inc.: A small pattern leaning on the EMAs...

NASDAQ:NFLX   NETFLIX INC
Netflix Inc             . finished last week in the red, while leaning on its EMAs. The pattern suggest that the equity may attempt to test its 89.36 support level .

Breaching 93.55 may suggest a pursuit of the bearish market, with 83.22 as an objective, with 89.86 as primary objective.

Breaking through 102.79 suggests a rally towards 107.65 as primary objective. Breaching 115.24 would cancels the bearish pattern formed on August the 10th.

Netflix Inc             .'s weekly Pivot Point is around 97.95. The equity's weekly support levels are around 93.11 and 88.71. Its weekly resistance levels are around 102.35 and 107.19
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