Netflix's Another Bearish Attempt

11 Sep 2020

Netflix, Inc. has broken the support trendline channel of September 2019 and closed negatively at $480.67 in a loss of -19.52 (-3.90%). We can see price correction up to 61.80% retracement levels.

As per the fundamental research reports, it's totally in an uptrend. And according to technical analysis, NFLX may start a potential reversal from $476 for $506 - $518 - $538+ levels.

According to the secret source, this stock may hit $550 - $570+ prices before October 2020 end.

Entry-point key: Short-term investors can start initiating new positions after the divergence of Stoch RSI.

Please note here is the supply & demand zone based on the support trendline & control price.

7 Okt 2020

Trading ditutup: target tercapai

NetFlix has reached the second target. Do you think it will hit the third target?