Netflix: Expected To Skyrocket Above Its Very Strong Resistance Level
Today’s instrument is Netflix Inc.‘s stock traded on the Nasdaq exchange under the ticker NFLX.
Looking at the NFLX ‘s chart, we can see that it was lastly traded at around $240.90.
Last night, it announced way better quarterly earnings, so today we could expect its price to skyrocket above its very strong resistance level of around $250 and stay above that level for today’s trading session.
(Click on image to enlarge)
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