Netflix inches up amid wavering - Analysis - 17-04-2019

Economies.com
2019-04-17 13:48PM UTC

Netflix's stock rose amid wavering, with the dominance of the upward correctional trend in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI, while settling above the important support of 356.80. 

 

Therefore we expect the stock to rise as long as it settles above 356.80, targeting the resistance of 385.00. 

 

Expected trend for today: Bullish  

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