TradingView
Slothcharts14
Jul 2, 2019 12:20 AM

NFLX areas of resistance to watch 

Netflix, Inc.NASDAQ

Description

Looking to see if NFLX can break the orange downward res and then clear 386ish.

If not we could be bound for the lower part of the range outlined, but that double touch on the 150DMA has me thinking this could be a sustained move upward. Tech is always tricky - not holding any right now but with the increase in competition from some other tickers, I am starting to get the feeling Netflix will surprise & deliver.

9DMA crossing over the 150DMA doesn't get me too excited although is history repeats itself it could push the stock with it.

GLTA
More