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0 0.00023685457129328 0.00011842728564664 0.00023685457129328 0.00011842728564664 -0.000473709142586425 -0.00201326385599234 -0.000521080056845027
Stock impact report

Bullish on Netflix Inc. [Toronto Globe and Mail (Ontario, Canada)]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Bullish on Netflix Inc. stock Netflix Inc. (Friday’s close US$422.96) rallied from US$84.50 in July, 2016, to US$423.21 in June, 2018, (A-B) above its rising 40-week Moving Average (40wMA). The stock fell below its average in late-2018 (C) and then settled in a large triangle pattern made up of flat highs and higher lows (dotted lines). A sustained rise above ±US$400 (D) would signal a breakout from the triangle formation, turn up the 40wMA and provide higher targets. There is good support near US$300-US$320; only a sustained decline below this level would be negative. A rise above ±US$400 would signal Point & Figure targets of US$450 and US$480. The large triangle pattern (dotted lines) supports higher targets. Monica Rizk is the senior Technical Analyst and Ron Meisels is the president of Phases & Cycles Inc. ( www.phases-cycles.com ). And he tweets at @Ronsbriefs. They may hold shares in companies profiled. Chart source: www.decisionplus.com Be smart with your money. Show less Read more
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