Netflix tackles ceiling of positive pattern - Analysis - 19-02-2019

Netflix's stock fell 0.61% in the last session, or 2.20 points, after tackling the ceiling of a positive pattern that formed in the short term, the Rising Triangle pattern, while buoyed by piercing the downward trend line recently in the short term, with positive signals from the RSI. 

Therefore we expect the stock to return higher, especially if the resistance of 357.22 was breached, targeting the next one at 386.11. 

Expected trend for today: Likely Bullish