Long

Netflix (NFLX): Streaming Leader Enters Momentum Zone

Netflix, Inc. (NFLX) is a global leader in streaming entertainment, offering a vast library of TV shows, movies, documentaries, and original content to subscribers in over 190 countries. With hits like Stranger Things, The Crown, and Squid Game, Netflix continues to shape pop culture and redefine how people consume media. The company is also expanding into gaming and advertising-supported tiers to grow its user base and revenue streams. As more viewers shift from traditional cable to on-demand streaming, Netflix remains at the center of digital entertainment.

The stock chart recently found support at the 0.50 Fibonacci retracement level and closed above the 0.236 line—placing it in the momentum zone. This technical setup, backed by strong volume, signals increased buying interest and suggests the potential for a continued push higher as bullish sentiment builds around the stock.

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