Netflix attacks an important resistance - Analysis - 20-03-2017

Netflix's stock (NFLX) rose anew in the intraday levels, scoring a profit of 0.5% in the last session, or 0.72 points, and tackling the important resistance of 145.95, amid ongoing positive support from the SMA for the last 50 days period, with the dominance of the main upward short-term trend.

Therefore we expect more gains to come for the stock, provided it pierces the resistance of 145.95, targeting thereafter the resistance of 153.91.