Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Netflix's stock (NFLX) surged in the intraday levels, scoring a handy profit of 3.36% in the last session, or 5.30 points, while trading within an ascending price channel in the short term, with positive pressure from the 50-day SMA, coupled with positive signals from relative power indicators.
Therefore we expect more gains for the stock, targeting 166.15.