Netflix looks great for long if it breaks over $495
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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.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.