Netflix gathers positive momentum - Analysis - 23-04-2018

Netflix's stock (NFLX) fell in the intraday levels, registering a loss of 1.48% in the last session, or 4.93 points, after the pivotal resistance of 333.98 held on, as the stock tries to gather momentum to help it rise anew, amid the dominance of the upward trend in the medium and short terms, with positive pressure from the 50-day SMA. 

Therefore we expect the stock to return higher, provided the resistance of 333.98 was breached, targeting the next one at 372.80.