fjack1928

NFLX - Chart Reading 7.18.2023

Long
NASDAQ:NFLX   Netflix, Inc.
Howdy Traders!

A large break-out for NFLX is right around the corner. With earnings on the way, a 8-9% move can be expected. In this chart reading, NFLX has created this wedge, and as of now, it seems as if it has broken through the top resistance. As long as it doesn't break downwards, the price target currently is set to $498.29.

Bona Fortuna!
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