Netflix looks great for long if it breaks over $495

By AR-Investment
NFLX
Reasons to buy:
1. Breakthrough moving average 50 exponential.
2. Breaking up of a descending local triangle.
3. Breakout from a 14-day trading consolidation.
4. The stock is near the up trend line.
5. A strong giant company that is 14% below its all-time high.
6. RSI14 around 50. Not in a state of overbought.

Good luck!
50emabreakChart Patternsconsolidation-breakoutDescending TriangleTechnical IndicatorsTrend Analysis
AR-Investment

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