Netflix stalls - Analysis - 22-03-2019

Netflix's stock fell on profit-taking while venting off overbought saturation in the RSI, as it gathered momentum to help it rise anew and tackle the resistance of 385.00, amid the dominance of the upward short-term trend, with positive pressure from the 50-day SMA. 

Therefore we expect the stock to rise, especially if the resistance of 385.00 was breached, targeting the pivotal resistance of 419.44. 

Expected trend for today: Bullish