daveinvest8

Netflix Stock of the Week

daveinvest8 Updated   
NASDAQ:NFLX   Netflix, Inc.
Netflix look very well before she continue her way to break 570$ resistance .

We can see nice support from the ema's especially ema 200 , this is the first time after march 2020 that we see ema 200 support .

Ema 20 & 50 pushing higher and become bullish

We may can see a small pullback before Netflix breakout

Rsi and W%r looks good with positive levels .
Obv is very high and could help if Netflix will go up .

Entry point : 540$-520$
Targets :
T1-580$
T2 -600$

* There is no buy / sell recommendation in the aforesaid ,
Trade active:
The earning report slip the stock price to 480$
exactly on the lower channel of Weekly interval .
Entry
466$ - 480$

Stop : below 450$

Targets :
500$
520$
540$
just

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