Netflix (NFLX) Technical Stock Analysis
Netflix Inc (NFLX) tests meaningful support today, above which 20%+ gains possible into Q3
When to trade Netflix (NFLX) stock? Key price points included in this analysis video
In this Wicked Stocks video-analysis, Cary shows Netflix Inc (NFLX) having tested meaningful channel support this morning (May 11), and having done so, can now stabilize and move higher into Q3, 20%+ gains possible by the end of Q3. Inversely, a settlement below channel-support would indicate continued losses of the same 20%+ magnitude over a similar 3-5 month time horizon.
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