Today’s instrument is Netflix Inc.‘s stock traded on the Nasdaq exchange under the ticker NFLX.
Looking at the NFLX’ chart, we can see that after an upward price movement, it was lastly traded at around $441.90.
In two days, on the 19th of July, it is announcing its quarterly earnings, and if the market’s anticipation is positive then today, we could expect it to test its 52W high at $456.48. On the other hand, it should test its support level at around $415.
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