Sunday, May 31, 2020
Home > Netflix

Netflix may hold neutral before extending the uptrend

Netflix saw its stock trending up to a 5-month high of 352.97 in January after bottoming out at 252.13 in late-September. From a technical perspective, the upward direction could strengthen as the 20- and the 200-day simple moving averages (SMAs) have recently registered a bullish cross. Meanwhile, in the short-term, the market’s momentum could remain muted as

Read More

Technical Analysis – Netflix stock price loses momentum

Netflix stock price loses momentum below “death cross”; medium-term sell-off in play. Netflix stock price bounced off the 298.00 resistance level on December 3 and retains bearish extension in medium-term. Technically, the indicators are endorsing this view in the short term. Attesting to this, the MACD has been declining and is approaching

Read More