Netflix climbs cautiously - Analysis - 13-06-2018

Economies.com
2018-06-13 12:21PM UTC

Netflix's stock (NFLX) rose in the intraday levels, scoring a profit of 0.66% in the last session, or 2.38 points, amid the dominance of the upward trend in the medium and short terms, with positive support from the 50-day SMA, as the stock readies to tackle the resistance of 372.01. 

 

Therefore we expect more gains for the stock, provided the resistance of 372.01 was breached, targeting the next one at 395.87. 

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